Drone Aviation Selected By Prime Contractor For Additional $1.7 Million Award | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Thu, Jun 06, 2019

Drone Aviation Selected By Prime Contractor For Additional $1.7 Million Award

Brings Total Contract Value With Unnamed Customer To $5.5 Million

Drone Aviation Holding Corp., a manufacturer of tethered drones and lighter-than-air aerostats, has been selected by a prime contractor for an additional award valued at approximately $1.7 million.

This award is a follow-on to the $3.8 million contract awarded to Drone Aviation by this same prime contractor in January 2019, bringing the total award value to approximately $5.5 million.

“We are honored to have been chosen for this follow-on award by our prime contractor,” said Jay Nussbaum, Chairman and CEO of Drone Aviation. “This award is another important milestone for Drone Aviation, one that creates a valuable new stream of revenue and cashflow for the Company as we continue to execute on our strategic plan.”

Due to customer-related confidentiality considerations, no additional information will be provided related to this award at this time.

(Source: Drone Aviation Corp. news release. Image from file)

FMI: www.droneaviationcorp.com

Advertisement

More News

NTSB Final Report: Douglas A-4K

Pilot Applied Full Aft Stick And Nose-Up Trim, But The Airplane Remained On The Runway Analysis: The pilot reported that a preflight inspection and flight control checks revealed n>[...]

ANN FAQ: Q&A 101

A Few Questions AND Answers To Help You Get MORE Out of ANN! 1) I forgot my password. How do I find it? 1) Easy... click here and give us your e-mail address--we'll send it to you >[...]

Classic Aero-TV: PBY Catalina--From Wartime to Double Sunrise to the Long Sunset

From 2022 (YouTube Edition): Before They’re All Gone... Humankind has been messing about in airplanes for almost 120-years. In that time, thousands of aircraft representing i>[...]

ANN's Daily Aero-Term (07.01.25): Advanced Air Mobility (AAM)

Advanced Air Mobility (AAM) A transportation system that transports people and property by air between two points in the NAS using aircraft with advanced technologies, including el>[...]

ANN's Daily Aero-Linx (07.01.25)

Aero Linx: MQ-1B Predator The MQ-1B Predator is an armed, multi-mission, medium-altitude, long-endurance remotely piloted aircraft that is employed primarily as an intelligence-col>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC