The companies have outlined plans for US$25 million manufacturing lines and initial deliveries in 2027 as Washington tightens restrictions on Chinese UAV components.
Ahead of Euronaval 2026, major submarine, frigate and aircraft carrier programmes are driving investment, while future corvette replacements and growing interest in uncrewed vessels offer further opportunities for industry into the 2030s and beyond.
In a special report, Shephard Defence Insight investigates the market landscape for fixed-wing aircraft, helicopters and UAVs in the Asia-Pacific region.
IAI and ST Engineering JV Proteus pitches Blue Spear anti-ship missile as a Harpoon replacement for navies after winning an Estonian coastal defence contract.