AeroVironment Inc. (AV) [AVAV] recently said it received an order valued at $4.8 million under a contract with the Norwegian Defence Logistics Organisation (NDLO). The order comprises new Ravenr small unmanned aircraft systems (UAS), spares, training services and logistics support. Delivery of the systems is scheduled for early calendar 2011. "With years of successful deployment, Raven is proving its value to military forces around the world," said Tom Herring, AV senior vice president and general manager of its Unmanned Aircraft…
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In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms
The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]
Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation
Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]
SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts
Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]
Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain
Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]