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Business/Financial

BAE Systems Acquires Developer Of Heavy Lift Heavy Lift Unmanned Quadcopters

By Cal Biesecker

Friday, February 2nd, 2024

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BAE Systems Acquires Developer Of Heavy Lift Heavy Lift Unmanned Quadcopters

The Malloy Aeronautics T-400 drone can lift nearly 400 pounds of cargo and transport it 40 miles. Photo: BAE Systems

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…

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