Technology
Military Drone Market to Grow by USD 8.51 Billion (2024-2028), Advancements in Drone Technology Driving Revenue, Report on AI-Powered Market Evolution – Technavio
Published
1 year agoon
By
NEW YORK, Nov. 26, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global military drone market size is estimated to grow by USD 8.51 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 12.21% during the forecast period. Recent developments in military drones is driving market growth, with a trend towards development of long-range spy combat drone. However, rapid development of anti-drone technology poses a challenge. Key market players include AeroVironment Inc., Airbus SE, Anduril Industries Inc., Animal Dynamics Ltd., Asteria Aerospace Ltd., BAE Systems Plc, EDGE Group PJSC, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., RTX Corp., Red Cat Holdings Inc., Saab AB, Shield AI, Teledyne Technologies Inc., Textron Inc., Thales Group, and The Boeing Co..
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Forecast period
2024-2028
Base Year
2023
Historic Data
2018 – 2022
Segment Covered
Type (Rotary Blade, Fixed Wing, and Hybrid), Technology (Remotely operated, Semi-autonomous, and Autonomous), and Geography (North America, APAC, Europe, Middle East and Africa, and South America)
Region Covered
North America, APAC, Europe, Middle East and Africa, and South America
Key companies profiled
AeroVironment Inc., Airbus SE, Anduril Industries Inc., Animal Dynamics Ltd., Asteria Aerospace Ltd., BAE Systems Plc, EDGE Group PJSC, Elbit Systems Ltd., General Atomics, Israel Aerospace Industries Ltd., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Corp., Rafael Advanced Defense Systems Ltd., RTX Corp., Red Cat Holdings Inc., Saab AB, Shield AI, Teledyne Technologies Inc., Textron Inc., Thales Group, and The Boeing Co.
Key Market Trends Fueling Growth
Military drones have become an essential tool for battlefield surveillance and reconnaissance in the modern defense landscape. Companies like Textron Systems and Elbit Systems lead the market with offerings such as the MQ-1 Predator. The trend towards drone pilots operating these UAVs from a distance continues, with an increasing focus on endurance and safety. Non-traditional adversaries and asymmetric warfare have driven innovation in drone technology, leading to hybrid military drones and advanced sensor systems. Domestic manufacturers prioritize safety and security, as hacking attempts have become a concern. The fixed-wing segment dominates military drone spending, with defense budgets allocating significant resources for UAVs in the air, land, and naval domains. Unmanned Aerial Vehicles (UAVs) are used for various applications, including surveying, mapping, transportation, and combat operations. Militaries worldwide invest in drone technology for monitoring targets and enhancing defense capabilities. Companies like Alpha Design focus on specific applications, such as border disputes. The future of military drones includes Artificial Intelligence, air-to-air missiles, and weapon payloads, making them indispensable tools for defense forces.
Military drones, also known as Unmanned Aerial Vehicles (UAVs), are becoming essential tools in national security for countermeasure operations. These unmanned aerial platforms are integrated with advanced command, control, communications, computers, intelligence, surveillance, and reconnaissance systems due to rapid technological advancements in military electronics. UAVs can be armed with bombs, rockets, and precision-guided projectiles, making them valuable assets for military missions. China is at the forefront of UAV development, investing heavily in research and development to create drones for various military applications, including surveillance of enemy platforms and bases, due to territorial disputes with neighboring countries.
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Market Challenges
Military drones have become an essential tool for battlefield surveillance, reconnaissance, and monitoring in various domains. However, the market faces challenges such as the need for skilled drone pilots, ensuring safety and security against hacking attempts, and adapting to non-traditional adversaries and asymmetric warfare. Domestic manufacturers like Textron Systems and Elbit Systems compete with international players like General Atomics in the military drone market. The fixed-wing segment, including MQ-1 Predator, leads in endurance and surveillance, while rotary wing drones offer flexibility. Defense budgets and military spending influence market growth. Innovation in drone technology includes Artificial Intelligence, sensor systems, and weapon payloads. Companies like Alpha Design focus on border disputes and transportation applications. The market includes UAVs for surveying, mapping, and combat operations in the air, land, and naval domains. Militaries worldwide invest in military UAVs for defense expenditure and avionics, airframe, and propulsion upgrades.Countries worldwide are investing in anti-drone defense systems to counteract the growing use of military drones. Boeing’s recent test of a 10 kW anti-drone laser cannon is an example of this trend. The company aims to increase the laser’s power to 60 kW for military applications. Modern lasers and lithium-ion battery technology are key innovations, enabling increased energy storage and power density. Lithium-powered lasers can neutralize small drones and issue non-lethal warnings, making them valuable additions to defense systems.
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Segment Overview
This military drone market report extensively covers market segmentation by
Type 1.1 Rotary Blade1.2 Fixed Wing1.3 HybridTechnology 2.1 Remotely operated2.2 Semi-autonomous2.3 AutonomousGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America
1.1 Rotary Blade- Rotary blades are a fundamental component in military drones, enabling them to take off, hover, and adjust altitude. This technology enhances the drone’s maneuverability, allowing it to change direction and operate effectively in confined spaces. Rotary blades are crucial for military applications, where drones perform various tasks, including reconnaissance, surveillance, and combat. They increase the payload capacity, enabling drones to carry heavier equipment such as cameras, weapons, and sensors. Rotary blade drones offer versatility and adaptability, functioning in diverse terrains, including urban areas, hills, and mountains. Their unique design, using composite materials like carbon fiber, ensures strength and durability. The reduced noise from rotary blades enhances stealth capabilities, allowing covert operations. Operating drones remotely eliminates risks to personnel, making rotary blade technology a significant growth driver in the military drone market.
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Research Analysis
Military drones have become an integral part of modern warfare, providing battlefield surveillance, reconnaissance, and monitoring capabilities that are crucial for asymmetric warfare and combat operations. These unmanned aerial vehicles (UAVs) offer significant advantages, including extended endurance, high-altitude surveillance, and the ability to operate in dangerous or hard-to-reach areas. Military drones are used for various applications, including surveillance, mapping, and transportation. State policies have played a significant role in the growth of the military drone market, with increasing defense expenditure driving demand. However, concerns over hacking attempts and the potential use of drones for unintended purposes have raised ethical and security issues. Artificial Intelligence (AI) is also being integrated into military drones to enhance their capabilities and improve their effectiveness. Companies like Textron Systems and Elbit Systems are at the forefront of developing advanced military drones, with the MQ-1 Predator being a notable example. Other players in the market include Syscom, offering drone solutions for surveying and mapping. Military UAVs are transforming the way wars are fought and won, and their role is set to expand in the future.
Market Research Overview
Military drones have become an integral part of modern warfare and surveillance, providing valuable insights for battlefield surveillance, reconnaissance, and monitoring in various domains – air, land, and naval. These Unmanned Aerial Vehicles (UAVs) offer endurance, flexibility, and safety, making them essential tools for state policies against non-traditional adversaries and asymmetric warfare. The military drone market is witnessing innovation with the development of hybrid military drones, combining fixed-wing, hybrid wing, and rotary wing designs. Domestic manufacturers like Alpha Design are making strides in this field, offering advanced drone technology with superior sensor systems and avionics. Military drones are used for various applications, including surveying, mapping, transportation, and combat operations. Defense budgets continue to prioritize drone technology, with armed forces investing heavily in this sector. However, concerns over safety and security, including hacking attempts, remain a challenge. The fixed-wing segment dominates the military drone market, with companies like Textron Systems and Elbit Systems leading the way. Militaries worldwide are also investing in UAVs equipped with air-to-air missiles and weapon payloads for enhanced capabilities. Military spending on drone technology continues to grow, driven by the need for advanced sensor systems, Artificial Intelligence, and autonomous capabilities. As military UAVs become more sophisticated, they are expected to play a significant role in defense expenditure and defense forces’ operational capabilities.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
TypeRotary BladeFixed WingHybridTechnologyRemotely OperatedSemi-autonomousAutonomousGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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Technology
Allegiant Announces Future Board Composition Following Sun Country Acquisition
Published
19 minutes agoon
April 20, 2026By
LAS VEGAS, April 20, 2026 /PRNewswire/ — Allegiant Travel Company (NASDAQ: ALGT) today announced the anticipated structure of its Board of Directors following the acquisition of Sun Country Airlines (NASDAQ: SNCY). Upon closing, the Allegiant Board will expand from eight to eleven members with Jude Bricker, Jennifer Vogel and Thomas Kennedy, all current Sun Country Board members, to join Allegiant’s Board at that time.
In January, Allegiant announced it was acquiring Sun Country in a transaction expected to close as early as May 13, 2026. The combination will form the leading, leisure-focused U.S. airline that is expected to expand affordable, convenient service to more vacation destinations domestically and internationally. After closing, the combined company will operate under the Allegiant name. The airlines will continue operating separately until receiving a single operating certificate from the FAA. There is expected to be no immediate change to ticketing or schedules, and customers can continue to book their flights through allegiant.com and suncountry.com.
“This combination marks a major achievement for both Allegiant and Sun Country, and we look forward to the Allegiant leadership team guiding the company forward,” said Maurice J. Gallagher, Allegiant’s founder and Board Chairman. He added, “The addition of Jude Bricker, Jennifer Vogel, and Thomas Kennedy to our Board reflects the governance structure established for the combined company in the Merger Agreement, and brings to the Allegiant Board even greater expertise in airlines, finance and corporate leadership that will benefit the shareholders, employees and customers of the combined companies.”
Joining the Board upon closing will be:
Jude Bricker has served as President and CEO of Sun Country Airlines since 2017 and has been a Sun Country director since 2018. A seasoned aviation executive with two decades of industry experience, he previously served as Allegiant’s Chief Operating Officer and held multiple leadership roles at Allegiant from 2006–2017, overseeing key commercial, operational, and financial functions. Earlier, he was a finance manager at American Airlines. He also served as an infantry officer in the United States Marine Corps from 1996 to 2002. Mr. Bricker holds a B.S. in Civil Engineering from Texas A&M University and an MBA from the University of Texas, and he is an independent director of SAS Airlines.
Jennifer Vogel has served as Chair of the Sun Country Airlines Board since March 2023 and has been a director since 2022. She is a former senior airline legal and compliance executive, having served as Senior Vice President, General Counsel, Secretary, and Chief Compliance Officer of Continental Airlines (retired 2010). Ms. Vogel currently serves on the boards of AAR Corp. and the Telluride Regional Airport Authority and previously served on the board of Virgin America. She holds a BBA from the University of Iowa and a JD from the University of Texas.
Thomas C. Kennedy has served on the Sun Country Airlines Board since 2021. He is President and CEO, North America at SIXT Rental Car and previously served as its President and CFO. Mr. Kennedy is a former public-company CFO, including as CFO of Hertz Global Holdings, with earlier senior finance leadership roles at Hilton Worldwide and Northwest Airlines. He holds a BA in Economics from Tulane University and an MBA from Harvard University.
“We are excited to welcome these accomplished leaders to Allegiant’s Board upon closing,” said Gregory C. Anderson, CEO of Allegiant. “Their experience and perspective will be valuable as we continue building a stronger, differentiated airline that better serves the communities and customers across our combined network.”
The current Allegiant Board, led by Chairman Maurice J. Gallagher, will continue its oversight responsibilities, with the new members joining effective upon the completion of the Sun Country acquisition.
Strategically, the combination brings together complementary route networks – Allegiant’s focus on small and mid-sized markets and Sun Country’s presence in larger cities – creating more than 650 routes (551 Allegiant routes and 105 Sun Country routes) and connecting Minneapolis–St. Paul to additional mid-sized markets while expanding nonstop access to popular leisure destinations. The combined airline also adds broader international reach by leveraging Sun Country’s service across Mexico, Central America, Canada, and the Caribbean, providing Allegiant customers access to 18 international destinations. The combined company will be headquartered in Las Vegas while maintaining a significant presence in Minneapolis–St. Paul.
About Allegiant – Together We Fly™
Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places, and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant’s fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF
Cautionary Statement Regarding Forward-Looking Statements
This communication contains forward-looking statements under the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, Section 27A of the Securities Act of 1933 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and often can be identified by the use of forward-looking terminology such as the words “believe,” “expect,” “guidance,” “anticipate,” “intend,” “plan,” “estimate”, “project”, “hope” or similar expressions. Forward-looking statements in this communication are based on Allegiant’s and Sun Country’s current expectations, estimates and projections about the expected date of closing of the proposed transaction and the potential benefits thereof, their respective businesses and industries, management’s beliefs and certain assumptions made by Allegiant and Sun Country, all of which are subject to change. Forward-looking statements in this communication may relate to, without limitation, the benefits of the proposed transaction, including future financial and operating results; the parties’ respective plans, objectives, expectations and intentions; the expected timing and likelihood of completion of the proposed transaction; expected synergies of the proposed transaction; the timing and result of various regulatory proceedings related to the proposed transaction; the ability to execute and finance current and long-term business, operational, capital expenditures and growth plans and strategies; the impact of increased or increasing transaction and financing costs associated with the proposed transaction or otherwise, as well as inflation and interest rates; and the ability to access debt and equity capital markets.
Forward-looking statements involve risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements and, therefore, you should not place undue reliance on any such statements and caution must be exercised in relying on forward-looking statements. Important risk factors that may cause such a difference include, but are not limited to, the following: the occurrence of any event, change or other circumstance that could give rise to the right of one or both of the parties to terminate the definitive merger agreement for the proposed transaction; the risk that potential legal proceedings may be instituted against Allegiant or Sun Country and result in significant costs of defense, indemnification or liability; the possibility that the proposed transaction does not close when expected or at all because required stockholder approvals, required regulatory approvals or other conditions to closing are not received or satisfied on a timely basis or at all (and the risk that such regulatory approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction); the risk that the combined company will not realize expected benefits, cost savings, accretion, synergies and/or growth from the proposed transaction or that any of the foregoing may take longer to realize or be more costly to achieve than expected; disruption to the parties’ businesses as a result of the announcement and pendency of the proposed transaction; the costs associated with the anticipated length of time of the pendency of the proposed transaction, including the restrictions contained in the definitive merger agreement on the ability of each of Sun Country and Allegiant to operate their respective businesses outside the ordinary course consistent with past practice during the pendency of the proposed transaction; the diversion of Allegiant’s and Sun Country’s respective management teams’ attention and time from ongoing business operations and opportunities on acquisition-related matters; the risk that the integration of Sun Country’s operations will be materially delayed or will be more costly or difficult than expected or that Allegiant is otherwise unable to successfully integrate Sun Country’s businesses into its businesses; the possibility that the proposed transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; reputational risk and potential adverse reactions of Allegiant’s or Sun Country’s customers, suppliers, employees, labor unions or other business partners, including those resulting from the announcement or completion of the proposed transaction; the dilution caused by Allegiant’s issuance of additional shares of its common stock in connection with the consummation of the proposed transaction; a material adverse change in the business, condition or results of operations of Allegiant or Sun Country; changes in domestic or international economic, political or business conditions, including those impacting the airline industry (including customers, employees and supply chains); Allegiant’s and Sun Country’s ability to successfully implement their respective operational, productivity and strategic initiatives; the outcome of claims, litigation, governmental proceedings and investigations involving Allegiant or Sun Country; and a cybersecurity incident or other disruption to Sun Country’s or Allegiant’s technology infrastructure.
Forward-looking statements in this communication are qualified by and should be read together with, the risk factors set forth above and the risk factors included in Allegiant’s and Sun Country’s respective annual and quarterly reports as filed with the Securities and Exchange Commission (the “SEC”), as well as the risk factors included in Allegiant’s registration statement on Form S-4 (Registration No. 333-294712), as filed with the SEC on March 27, 2026 (https://www.sec.gov/Archives/edgar/data/1362468/000114036126011799/ny20065073x3_s4.htm) (the “Registration Statement”), and readers should refer to such risks, uncertainties and risk factors in evaluating such forward-looking statements.
The forward-looking statements in this communication are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, Allegiant and Sun Country disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Important Additional Information and Where to Find It
In connection with the proposed transaction, Allegiant filed with the SEC the Registration Statement, which includes a prospectus with respect to the shares of Allegiant’s common stock to be issued in the proposed transaction and a joint proxy statement for Allegiant’s and Sun Country’s respective stockholders. The Registration Statement was declared effective on March 31, 2026, and Allegiant filed a final prospectus on March 31, 2026 (which is available at https://www.sec.gov/Archives/edgar/data/1362468/000114036126012380/ny20065073x5_424b3.htm), and Sun Country filed a definitive proxy statement on March 31, 2026 (which is available at https://www.sec.gov/Archives/edgar/data/1743907/000114036126012383/ny20068391x1_defm14a.htm) (together, the “Definitive Joint Proxy Statement/Prospectus”).
Each of Allegiant and Sun Country may also file with or furnish to the SEC other relevant documents regarding the proposed transaction. This communication is not a substitute for the Registration Statement, the Definitive Joint Proxy Statement/Prospectus or any other document that Allegiant or Sun Country may file with the SEC or send to their respective stockholders in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF ALLEGIANT AND SUN COUNTRY ARE URGED TO READ THE REGISTRATION STATEMENT AND THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE INTO THE REGISTRATION STATEMENT AND THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION REGARDING ALLEGIANT, SUN COUNTRY, THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders of Allegiant and Sun Country may obtain free copies of these documents and other documents filed with the SEC by Allegiant or Sun Country through the website maintained by the SEC at http://www.sec.gov or from Allegiant at its website, https://ir.allegiantair.com/financials/sec-filings/default.aspx, or from Sun Country at its website, https://ir.suncountry.com/financials/sec-filings. Documents filed with the SEC by Allegiant will be available free of charge by accessing Allegiant’s website at https://ir.allegiantair.com/financials/sec-filings/default.aspx, or alternatively by directing a request by mail to Allegiant’s Investor Relations department, 1201 North Town Center Drive, Las Vegas, NV 89144, and documents filed with the SEC by Sun Country will be available free of charge by accessing Sun Country’s website at https://ir.suncountry.com/financials/sec-filings, or alternatively by directing a request by mail to Sun Country’s Investor Relations department, 2005 Cargo Road, Minneapolis, MN 55450.
Participants In The Solicitation
Allegiant, Sun Country and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Allegiant and Sun Country in connection with the proposed transaction under the rules of the SEC.
Information about the interests of the directors and executive officers of Allegiant and Sun Country and other persons who may be deemed to be participants in the solicitation of stockholders of Allegiant and Sun Country in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, is included in the Definitive Joint Proxy Statement/Prospectus.
Information about the directors and executive officers of Allegiant, their ownership of Allegiant common stock and Allegiant’s transactions with related persons can also be found in the Allegiant Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 26, 2026, as amended by Amendment No. 1 on Form 10-K/A, filed with the SEC on March 26, 2026 (the “Allegiant Annual Report”), and other documents subsequently filed by Allegiant with the SEC, which are available on its website, https://ir.allegiantair.com/financials/sec-filings/default.aspx. To the extent holdings of Allegiant common stock by the directors and executive officers of Allegiant have changed from the amounts of Allegiant common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1362468&owner=exclude under the tab “Ownership Disclosures”.
Information about the directors and executive officers of Sun Country, their ownership of Sun Country common stock and Sun Country’s transactions with related persons can also be found in the definitive proxy statement for Sun Country’s 2025 annual meeting of stockholders, as filed with the SEC on Schedule 14A on April 25, 2025 (which is available at https://ir.suncountry.com/financials/sec-filings), and other documents subsequently filed by Sun Country with the SEC. Such information is set forth in the sections entitled “Proposal 1– Reelection of Directors”, “Proposal 2 – Non-binding (Advisory) Vote to Approve the Compensation of Our Named Executive Officers”, “Executive Compensation”, “Certain Relationships and Related Person Transactions” and “Security Ownership of Certain Beneficial Owners and Management” of such definitive proxy statement. Please also refer to Sun Country’s subsequent Current Reports, as filed with the SEC on Form 8-K on September 22, 2025 (which is available at https://ir.suncountry.com/financials/sec-filings) and on October 30, 2025, regarding subsequent changes to Sun Country’s Board of Directors and executive management following the filing of such definitive proxy statement. To the extent holdings of Sun Country common stock by the directors and executive officers of Sun Country have changed from the amounts of Sun Country common stock held by such persons as reflected in the definitive proxy statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1743907&owner=exclude under the tab “Ownership Disclosures”.
Free copies of these documents may be obtained as described above.
No Offer or Solicitation
This communication is for informational purposes only and does not constitute, or form a part of, an offer to sell, an offer to buy, or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, and there shall be no sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.
Contacts
Allegiant
Media Inquiries: mediarelations@allegiantair.com
Investor Inquiries: ir@allegiantair.com
Sun Country
Media Inquiries:
Wendy Burt
mediarelations@suncountry.com
Investor Relations:
Chris Allen
IR@suncountry.com
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SOURCE Allegiant Travel Company
Technology
Leidos, Havoc integrate capabilities to advance maritime and air autonomy
Published
20 minutes agoon
April 20, 2026By
Leaders in defense technology combine systems integration and collaborative autonomy to help accelerate operational capability
NATIONAL HARBOR, Md., April 20, 2026 /PRNewswire/ — Leidos (NYSE: LDOS) and Havoc are partnering to integrate unmanned systems with collaborative autonomy technology, enabling a single operator to command and coordinate fleets of platforms across vast, contested areas.
The companies plan to showcase these capabilities during a joint operational validation in the fourth quarter of 2026, where unmanned surface and aerial vehicles are expected to operate under a single autonomy system. The event is intended to provide a clear preview of how collaborative autonomous operations can be executed at scale in real-world conditions.
Elements of Havoc’s collaborative autonomy software will be integrated with Leidos’ Autonomous Vessel Architecture (LAVA) on select platforms, beginning with Sea Archer, the small unmanned surface vessel. This combined approach is designed to enable coordinated operations across systems while seeking to optimize performance, integration speed and cost for specific mission applications. The collaboration aims to define and deliver the architecture for an autonomous battlespace, where distributed systems sense, decide and act together across air, surface and sub-surface domains, even in contested and communications-degraded environments.
“The future of warfare will be defined by how quickly and effectively systems can operate together across domains,” said Leidos Defense President Cindy Gruensfelder. “The Leidos and Havoc team will work to deliver integrated, mission-ready capability that gives commanders more options and operational advantage.”
“Leidos is a strong partner because their vessels and software are proven and trusted,” said Paul Lwin, Co-founder and CEO of Havoc. “By integrating Havoc’s autonomy across those platforms, we expect to compress integration timelines from months to weeks and move systems into production in days, not months. That speed, applied to Leidos’ breadth of platforms, is what makes this partnership so significant for defense customers.”
This partnership combines Leidos’ proven maritime platforms and systems integration expertise with Havoc’s collaborative autonomy capabilities. Depending on the mission, solutions will incorporate Leidos, Havoc, or a combination of both software architectures to deliver scalable capability across existing and future force structures. These systems are designed to operate together to help expand reach, improve coordination and reduce risk to human operators.
About Leidos
Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 50,000 global employees, Leidos reported annual revenues of approximately $17.2 billion for the fiscal year ended January 2, 2026. For more information, visit www.leidos.com.
Certain statements in this announcement constitute “forward-looking statements” within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission (SEC). These statements are based on management’s current beliefs and expectations and are subject to significant risks and uncertainties. These statements are not guarantees of future results or occurrences. A number of factors could cause our actual results, performance, achievements, or industry results to be different from the results, performance, or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, the “Risk Factors” set forth in Leidos’ Annual Report on Form 10-K for the fiscal year ended January 3, 2025, and other such filings that Leidos makes with the SEC from time to time. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Leidos does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.
About Havoc
Havoc is the leader in all-domain collaborative autonomy. Its software-defined hardware approach powers military and commercial-grade autonomous systems across sea, air, and land to sense, decide, and act together in complex and contested environments. Havoc connects assets, enabling them to share information, adapt in real time, and continue operating even when communications are disrupted or denied. Havoc optimizes mission performance and minimizes human risk. Havoc was founded in 2024 and is headquartered in Providence, Rhode Island. Learn more at havocai.com.
Media Contacts
Leidos Media Relations
Brandon Ver Velde
(571) 926-1627
brandon.p.vervelde@leidos.com
Havoc Media Relations
media@havocai.com
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SOURCE Leidos Holdings, Inc.
Technology
Harmonic Announces Reporting Date for First Quarter 2026 Results
Published
20 minutes agoon
April 20, 2026By
SAN JOSE, Calif., April 20, 2026 /PRNewswire/ — Harmonic (NASDAQ: HLIT) today announced it will release its first quarter 2026 financial results after the market close on Monday, May 11, 2026. Harmonic will host a live webcast to discuss the Company’s results at 2:00 p.m. PT on the same day.
To participate via telephone, please register in advance using this link,
https://register-conf.media-server.com/register/BIc5a3d9e206d54fe09fc0dbcd12efe1cb.
Upon registration, telephone participants will receive a confirmation email detailing how to join the audio version of the webcast, including the dial-in number and a unique registrant ID. The live webcast will be available via Harmonic’s Investor Relations website at https://investor.harmonicinc.com/. The company suggests participants for both the conference call and those listening via the web dial in or sign on at least 15 minutes in advance of the call.
For those unable to participate in the live event, a replay will be available on the same website after 5:00 p.m. PT.
Further information about Harmonic and the company’s solutions is available at https://www.harmonicinc.com/.
About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized broadband networking via the industry’s first virtualized broadband solution, enabling operators to more flexibly deploy gigabit internet service to consumers’ homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at https://www.harmonicinc.com/.
Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.
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SOURCE Harmonic Inc.
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