Israel Aerospace Industries (IAI) announced today the signing of three significant contracts valued at over US$100 million, for the supply of Loitering Munitions (LM) systems to several countries in Asia. Orders for HAROP loitering weapons for land-based and naval platforms and for ROTEM miniature 'suicide drones' reflect a growing interest in the LM category.
AeroVironment announced today the receipt of a contract for its new Switchblade 600 loitering missile. The order was received from the Special Operations Command. The allocates $26 million for the delivery of weapons and their integration of the new weapon on specialized maritime platforms operated by US Special Operations Forces. Completion is expected by the end of 2022.