Sign In
Search
Business/Financial

UAV Factory Acquires Jennings Aeronautics, Boosting UAS Capabilities

Cal Biesecker By
SHARE:
UAV Factory Acquires Jennings Aeronautics, Boosting UAS Capabilities
Jennings Aeronautics' offerings include full system UAS design. Photo: UAV Factory

The private equity firm AE Industrial Partners (AEI) on Tuesday said it acquired Jennings Aeronautics, Inc. (JAI), a designer, developer and manufacturer of small unmanned aircraft systems (SUAS). The firm is combining it with its portfolio company UAV Factory, scaling the company and further building its presence in the U.S, giving JAI an international presence, and strengthening its UAS and related offerings. Terms of the deal were not disclosed. Following the acquisition, UAV Factory has about 200 employees. The company…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Parsons Acquires Altamira For $375 Million, Strengthening Defense And Intelligence Work

Business/Financial

Lockheed Martin, Saildrone Eye Missile Launch From USV This Summer During RIMPAC

Business/Financial

Anduril Expanding In Southern California With 1.2 Million Square Feet Of Space

Business/Financial

Record F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says

Trending

Appropriators Fund More Multi-Years For Munitions, But Not All Of DoD’s ‘Very Late’ Request
Blue Origin Reveals TeraWave LEO/MEO Constellation For Enterprise, Government Connectivity
Hypersonic Testing Company Stratolaunch Raises New Capital
Appropriators Direct F/A-XX EMD Contract Award While Boosting Funding To Nearly $1 Billion
Minibus That Funds NNSA Passes Senate, Heads To Trump’s Desk

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume