AeroVironment locks $500M Army counter-drone contract through 2029
AeroVironment won a $500M firm-fixed-price Army C-UAS contract covering layered drone defeat from RF jamming to lasers, consolidating commercial counter-UAS spending after cost-exchange failures in the Iran conflict.
Mach Industries wins Navy strike drone contract, closes $300M Series C
Mach Industries won a DIU contract to build the Navy's runway-independent strike aircraft while closing a $300M Series C at $1.8B valuation, signaling venture capital's bet on autonomous weapons manufacturing reaching scale.
Pentagon awards Perennial Autonomy $500M counter-drone contract
JIATF-401 awards Perennial Autonomy a $500M three-year contract for three drone interceptor platforms, marking the largest C-UAS procurement and a shift from million-dollar missiles to sub-$20K attritable systems.
Makes AI-enabled counter-UAS interceptors (Merops, Bumblebee, Hornet) proven in Ukraine and CENTCOM operations.