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Shield AI To Acquire V-BAT Maker Martin UAV

By Cal Biesecker

Thursday, July 29th, 2021

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Shield AI To Acquire V-BAT Maker Martin UAV

V-BAT UAS in a stationary position. (Photo: Martin UAV)

Shield AI on Wednesday said it has agreed to acquire Martin UAV in a deal that will bring in-house an existing portfolio of unmanned aircraft systems (UAS) that will be integrated with the company’s artificial intelligence (AI) platform for autonomous operations. Terms of the transaction, which is expected to close within 10 days, were not disclosed. Shield AI, a small San Diego-based company with about 240 employees, is fresh off its acquisition of Heron Systems Inc., which develops AI software…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

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Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

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Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]