
Britain’s BAE Systems last Friday said it has acquired Malloy Aeronautics, a developer and manufacturer of a family of heavy lift drones for commercial and military logistics applications. Terms of the deal were not disclosed but a BAE spokesman told Defense Daily the value was not material and was for less than $126 million. Malloy is based in Berkshire, United Kingdom, and has about 80 employees. Malloy’s suite of electric uncrewed aerial systems (UAS) currently includes the T80, T150, and…