According to a new military UAV market study launched by MarketForecast.com, the Military VTOL UAV market is projected to grow from $81 million in 2016 to $392.8 million in 2022, or over 400%.
Passes Defense Acquisition Board Review That Enables Low Rate Initial Production
Lockheed Martin has announced the CH-53K King Stallion program successfully passed its Defense Acquisition Board (DAB) review and achieved a Milestone C decision that enables low rate initial production funding.
Readiness for the arrival of the UK’s first F-35 Lightning II jets took another step forward with the awarding of a contract by the US Department of Defense F-35 Joint Program Office.
The FAA is using its existing authority under Title 14 of the Code of Federal Regulations (14 CFR) § 99.7 – “Special Security Instructions” – to address national security concerns about unauthorized drone operations over 133 military facilities. This is the first time the agency has instituted airspace restrictions that specifically apply only to unmanned aircraft, popularly known as “drones.” The authority under § 99.7 is limited to requests based on national security interests from the Department of Defense and U.S. federal security and intelligence agencies.
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