
Leonardo DRS on Tuesday said it has invested in tethered drone designer and developer Hoverfly Technologies, a partnership that will bring Leonardo DRS’ capabilities in manufacturing, platform integration and sensor development. The amount of the investment wasn’t disclosed. Hoverfly, based in Orlando, Fla., has awarded Leonardo DRS $4 million to manufacture 50 of the company’s LiveSky tethered unmanned aerial systems (TUAS) at its facilities in St. Louis, Mo. A spokesman for Leonardo DRS told Defense Daily that the company expects…