Draganfly Stock Rises After Company Taps Global Ordnance For US Expansion
Synopsis
The deal positions Global Ordnance as the primary U.S. defense partner for Draganfly’s line of drone platforms and related systems.
Draganfly Inc.(DPRO) announced on Thursday that it has signed a formal collaboration agreement with U.S. defense contractor Global Ordnance.
The deal positions Global Ordnance as the primary U.S. defense partner for Draganfly’s line of drone platforms and related systems. The two companies plan to work jointly on increasing the adoption of Draganfly's drone solutions across U.S. military programs while integrating responsive supply chains and defense-specific customization.
Following the announcement, Draganfly stock traded over 2% higher in Thursday’s premarket.
Get updates to this developing story directly on Stocktwits.<
Stay updated with all the latest Business NewsShare Market NewsIPOsGold PriceDA Hike8th Pay CommissionAsianet News Official App