The Global Military Drone Market to Reach $18 Billion by 2028 with the Pivotal Contribution of the U.S. Government in Shaping the Industry

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Given our work and experience in Ukraine and with the Drone Racing League, we designed the Flexforce Modular FPV Drone platform to offer maximum flexibility and capabilities”, said Cameron Chell, CEO of Draganfly, "we are thrilled at the performance and results of the evaluations by our military customers and look forward to providing this product to them at scale. CONTINUED… Read this full press release and more news for Draganfly at:  Other recent developments in the markets of note include: The Lockheed Martin (NYSE: LMT) board of directors has recently authorized a second quarter 2024 dividend of $3.15 per share.

The substantial allocation of defense budgets by the US government… has played a crucial role in enhancing the capabilities of armed forces in air, land, and naval domains.” Draganfly Unveils New NDAA Compliant "FlexForce” Modular FPV System Following US Military Demonstrations, Training & Evaluations - Draganfly’s FlexForce modular FPV system is available to Defense & Government users only- Draganfly Inc.(NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) ("Draganfly” or the "Company”), an award-winning, industry-leading drone solutions and systems developer is excited to announce the launch of its newest product, the FlexForce Modular FPV UAV System, available exclusively to Government & Military buyers following FPV UAV Training & Demonstration and evaluation.

This demand for more sophisticated drone capabilities is a key factor stimulating the expansion of the military drone market.”Active companies in the markets this week include: Draganfly Inc.(NASDAQ: DPRO) (CSE: DPRO), The Lockheed Martin (NYSE: LMT), AeroVironment (NASDAQ: AVAV), Kratos Defense & Security Solutions, Inc.(NASDAQ: KTOS), Red Cat Holdings, Inc. (NASDAQ: RCAT).

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Article Details

Author / Journalist: FN Media Group LLC

Category: Technology

Markets: ChinaCanadaUkraine

Topics: Flexforce News 2024 Drone Company Market Statements Military Drones Draganfly

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-07 @ 12:45:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 2093 words

Reading Time: 12 minutes read

Sentences: 78 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © GlobeNewswire

News ID: 20906374

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