Naval Drone Industry & Investments

According to a 2011 Teal Group Marketing study, the market for unmanned aircraft alone is expected to grow to over $94 billion by 2020.  A 2013 estimate scopes the ship-based tactical UAVs market over the next decade at $3 billion.  A 2015 study by Research and Markets estimates that the market for underwater robotics will grow 6.92% annually between 2015 and 2019.

Hundreds of companies ranging from established publicly-traded giants to one man start-ups are rushing to grab a share of the dynamic unmanned naval system industry. 

Latest News

IBC Advanced Alloys Delivers Test Components to Fire Scout Program

15 September 2014- IBC Advanced Alloys Corp. has successfully delivered An assembly of three test components for the Navy’s MQ-8B Fire Scout Vertical Takeoff UAS using IBC’s proprietary Beralcast® technology. 

Boeing Names New Insitu President

6 August 2014 –Boeing and subsidiary Insitu Inc. today named Ryan Hartman Insitu president and CEO, effective immediately.

Hartman most recently served as senior vice president, Insitu Programs. He succeeds CEO Steve Morrow, who is retiring.

"Insitu invented the agile small tactical unmanned intelligence, surveillance and reconnaissance category and continues to be a leader in the industry,” said Steve Nordlund, vice president for unmanned airborne systems programs. “As Insitu enters its third decade of operation, Ryan is ideally suited to push technologies and processes to continue Insitu’s strong, global growth trajectory.”

As Insitu president and CEO, Hartman is responsible for executing the Insitu business plan and building on its extensive portfolio, which today includes the ScanEagle and Integrator unmanned aircraft. He leads more than 800 employees, based primarily in the Columbia River Gorge area in Washington state and Oregon.

“I’m honored and humbled to be named CEO of Insitu,” said Hartman. “I’m proud and excited to continue our tradition of technical excellence and to support the Columbia Gorge community.”

In his previous position, Hartman led the company’s Integrator, ScanEagle, Advanced Programs and Business Development program offices, where he advanced the company’s research, development and product engineering and the Insitu Common Open-mission Management Command and Control (ICOMC2) ground control station.

“Our people and innovation are our competitive advantages in the region, and Ryan’s selection reinforces Boeing’s and Insitu’s commitment to its continued growth,” said Nordlund.

Hartman is a veteran of the U.S. Air Force and U.S. Navy and a graduate of Embry-Riddle Aeronautical University.

Insitu Inc., located in Bingen, Wash., is a wholly owned subsidiary of The Boeing Company. Insitu designs, develops and manufactures UAS and provides associated services for commercial, civil and defense applications. To date, its systems have accumulated more than 798,000 operational flight hours and 98,000 sorties in support of global missions. For more information,

Northrop Awarded Contract to Equip MQ-8C with Electronic Warfare Sensors

1 May 2014 - Northrop Grumman Aerospace Systems, San Diego, California, is being awarded a sole-sourced $10,833,670 cost-plus-fixed-fee contract for the development and integration of a Multi Capability Pod (MCAP) onto the MQ-8C, including the purchase of two MCAPS and one MCAP Mass Model. The MCAP provides multiple electronic warfare sensors for employment in the littorals. Work will be performed in Rancho Bernardo, California (59 percent); Chantilly, Virginia (40 percent); and Fort Worth, Texas (1 percent), and is expected to be completed in June 2015. 

Kratos Receives U.S. Navy Unmanned Aerial Drone System Single Contract Award

11 February 2014 - Kratos Defense & Security Solutions, Inc. announced today that its Micro Systems, Inc. subsidiary of its Advanced Drone and Targets Systems Division recently received a four-year Basic Ordering Agreement from the U.S. Navy valued at up to $29.6 million for unmanned aerial drone command and control systems and services.

SAIC Awards OpenClovis ACTUV Contract

20 March 2013 - OpenClovis Solutions, Inc., has signed a contract with SAIC to support the development of DARPA's Anti-Submarine Warfare Continuous Trail Unmanned Vessel (ACTUV) project with the SAFPlus platform.

Investing in Unmanned Naval Systems

10 January 2013 - How did the stocks producing unmanned naval systems perform last year?

Telephonics Awarded Fire Scout Radar Contract

9 January 2013 - Telephonics Corporation was awarded a $33 million contract by Northrop Grumman to build and test nine multi-mode maritime surveillance radars for the Fire Scout unmanned air vehicle.

Northrop Grumman Awards Fire-X Subcontracts

21 August 2012 - Northrop Grumman announced two subcontract awards for work on the MQ-8C.