2 sources · first reported 12h ago
AeroVironment is forming a joint venture in Greece to produce drones and counter-UAS systems for the European market. The venture aims to expand the company's presence in Europe's defense market, with production set to begin in 2028. This move marks a significant step in AeroVironment's efforts to increase its global footprint.
The establishment of this joint venture is strategically significant as it allows AeroVironment to tap into the European defense market, potentially bolstering its position as a key player in the global drone and counter-UAS industry. This expansion could lead to increased capabilities and innovations in drone technology for military applications.
How this story unfolded across sources, oldest first.