Press Releases

AE Industrial Partners, LP ("AEI"), a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, announced that it has acquired UAV Factory, a global leader in the tactical Unmanned Aerial Vehicle (UAV) and Intelligence, Surveillance, Reconnaissance (ISR) technology markets. UAV Factory will be a new standalone unmanned technology platform for AEI, as the firm looks to further invest in this fast growing mark

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Citadel Defense has received a multi-million-dollar government contract for their Titan, an AI-powered, radiofrequency (RF) based counter drone system. Citadel’s technology was selected following a competitive evaluation of two dozen competitive counter small unmanned aircraft systems (C-sUAS). Titan proved highly effective in complex urban environments and was preferred by operators as it exhibited technical superiority across many unpredictable threat scenarios including drone swarms.

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AE Industrial Partners, LP ("AEI"), a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, announced today that it has acquired UAV Factory, a global leader in the tactical Unmanned Aerial Vehicle (UAV) and Intelligence, Surveillance, Reconnaissance (ISR) technology markets. UAV Factory will be a new standalone unmanned technology platform for AEI, as the firm looks to further invest in this fast growin

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Business Wire IndiaThe global defence, aerospace and security company, BAE Systems, will exhibit a number of its world-leading capabilities, alongside its commitment to Make in India, at next week’s Aero India, taking place from 3-5 February in Bengaluru. Under the theme of “Partnering in India to Make in India”, the Company will demonstrate how its products and services – across land, air and sea – provide a vital

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Elbit Systems Ltd. and announced that it was awarded a contract valued at approximately $172 million to supply light tanks to the Army of a country in Asia-Pacific. The contract will be performed over a three-year period. As the prime contractor, Elbit Systems will supply the "Sabrah" light tank solution based on the tracked ASCOD platform that is manufactured by General Dynamics European Land Systems Santa Bárbara from Spain ("GDELS"), and on the wheeled

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The U.S. Air Force has awarded L3Harris Technologies a five-year, up to $668 million IDIQ contract to help maintain its C-130 aircraft fleet readiness. L3Harris will perform sustainment on C-130H and J-model aircraft at its 1.1 million-square-foot aircraft modification center in Waco, Texas. The center features hangars to support a full range of missionization and aircraft services, including conducting parallel avionics modernization and programmed depot-level maintenance efforts f

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FLIR Systems, Inc. announced it has received an additional $30.1 million contract from the United States (U.S.) Army for sustainment efforts tied in part to the service’s Man Transportable Robotic System Increment II (MTRS Inc. II) and Common Robotic System-Heavy (CRS-H) ground robot programs. The award raises the maximum value on the company’s existing Indefinite Delivery, Indefinite Quantity (IDIQ) contract to $88 million, covering maintenance, parts and overall sustainment supp

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The Australian Defence Force has awarded L3Harris Technologies contracts totaling $233 million (USD) to deliver secure communications and advanced night vision goggle technology to support the country’s key modernization initiatives. L3Harris was awarded a three-year, $115 million follow-on FFP contract under the Direct Commercial Sale (DCS) arrangements for the Australian Defence Force’s Delphic - Cryptographic Modernization program. L3Harris will deliver tactical radio

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Dallas, Jan. 25, 2021 (GLOBE NEWSWIRE) -- STATEMENT REGARDING GARRET MILLER Clinton Broden, a partner in the law firm of Broden & Mickelsen, LLP and defense attorney for Garret Miller, releases the following statement on behalf of Mr. Miller: First, let me say that I was in Washington, D.C. on January 6, 2021, because I believed I was following

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CALABASAS, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) -- StereoVision Imaging, Inc. (SVI), the emerging world leader in 2D and 3D/4D LiDAR based facial/object recognition an

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ALHAMBRA, CA., Jan. 25, 2021 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, will announce its fiscal 2021 first quarter results for the period ended December 31, 2020 on Wednesday, February 3, 2021 after the market close.

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General Dynamics Information Technology (GDIT), a business unit of General Dynamics, announced that it has been selected as one of three prime contractors on the U.S. Department of State's Global Support Strategy (GSS) 2.0 indefinite delivery, indefinite quantity contract vehicle (IDIQ). The IDIQ, awarded in fourth-quarter 2020, has a total estimated value of up to $3.3 billion over a 10 year period, inclusive of a one-year base period and nine one-year options. "We have be

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Los Angeles, CA, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading manufacturer and systems developer, today announced it has been selected to provide engineering and development services for a drone-based Air Support Defense System fo

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