
Navy Orders 30 Medium Drone Ships at About $40M Each
The Navy published an average price, not a total. Saronic, HII and Galliano Marine build ten each, with the first due by September 2027.
Drone and defense stocks, funding rounds, IPOs, earnings, M&A and government spending trends, tracked as they happen.

The Navy published an average price, not a total. Saronic, HII and Galliano Marine build ten each, with the first due by September 2027.

The first round was voided in August. The 18 drones were meant to reach Taiping Island in the Spratlys by March; bids now close 9 November.

Southcom kept Saronic's 24-foot Corsairs after an August exercise and is looking at how such boats could work in the canal.

Its first public merger filing shows a going-concern warning, no binding aircraft orders, and a price built on 2027 forecasts.

It is the fifth defence payment from the €90 billion loan, and €15.4 billion of this year's defence money is still unpaid.

Britain named the customer. EOS's own filing says work cannot start until it posts a £74m bank guarantee and wins export licences.

Sales and EBITDA grew. The loss comes from obligations to investor ICG and to staff, signed in 2022, that the old accounts left out or understated.

A year-long trial at US bases follows February's El Paso airspace closure. The Pentagon has not said which weapon goes where, how many, or the cost.

The Army deal came by direct award after none of eight bids was suitable. Investigators are still finishing a report on an AR5 crash.

The Army set $4.15 billion of counter-drone ceilings across ten firms on 28 September. About $50 million has been committed to them so far.
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