Draganfly Inc. (NASDAQ: DPRO) has been selected by the U.S. Army to provide Flex FPV drone systems, with the initial order focusing on high-performance operations. The financial terms were not disclosed, but the stock hit a new 52-week high. Draganfly will assist in manufacturing the drones within U.S. Forces facilities to speed deployment. The company will also provide training for Army personnel and manage secure logistics to comply with NDAA regulations. Recent exercises highlighted the importance of FPV technology, with the U.S. Army achieving the first air-to-air kill with an armed FPV drone. DPRO shares were up by 14.10% premarket.

Read more at Yahoo Finance: Draganfly Lands US Army Deal To Build, Train Flex FPV Drone Systems At Overseas Facilities