1 source · first reported 6h ago
PDW Holdings has received a conditional loan commitment of up to $820 million from the U.S. Department of War's Office of Strategic Capital to expand domestic drone manufacturing. The loan aims to reduce foreign supply-chain dependence. This investment will likely boost the US drone industry and enhance national security
The loan commitment is significant as it aims to reduce reliance on foreign supply chains for critical drone technology, enhancing US national security and promoting domestic manufacturing
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