Orbital UAV Powers Up Textron’s Future Aircraft – TipRanks Financial Blog

Orbital Corporation Limited (AU:OEC) has released an update.

Orbital Corporation Ltd has successfully established a production line to supply new 150cc heavy fuel engines for Textron Systems, supporting the Future Tactical Uncrewed Aircraft System (FTUAS) for the US Armed Forces. The company has begun low-rate initial production, with the first engine deliveries expected within the current financial year. Orbital UAV’s technology will play a pivotal role in the FTUAS program, which aims to enhance the capabilities of US Army brigade combat teams with advanced, autonomous aircraft equipped with modern sensors and datalinks.

For further insights into AU:OEC stock, check out TipRanks’ Stock Analysis page.