Teledyne (TDY) FLIR Defense, part of Teledyne Technologies Incorporated has won a five-year contract worth up to $91M to provide its Black Hornet 4 Personal Reconnaissance Systems to the United States Army. The advanced nano-unmanned aerial systems UAS are being acquired under the Soldier Borne Sensor SBS program, Phase II…Teledyne FLIR has received $25M in initial orders that will cover delivery of the first tranche of Black Hornet 4 drones, as well as controllers, spare parts, and training.The U.S. Army began acquiring Black Hornet 3 systems for the original SBS program in 2018. Since then, they have placed orders totaling more than $215M for the multi-faceted drone. Soldiers are using the UAVs to augment squad and small unit surveillance and reconnaissance capabilities.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TDY:
- Teledyne (TDY) Q3 Earnings Cheat Sheet
- Teledyne detector enables NASA’s Europa Clipper MISE instrument
- Teledyne introduces next-gen AI-powered BOA3 smart camera
- Teledyne FLIR Defense gets two five-year requirements contracts with $47M worth
- Teledyne’s sees growth inflection, capital deployment ahead, says Goldman Sachs