What Happened
PDW Holdings To Expand Domestic Manufacturing Capacity
PDW Holdings, Inc., the parent company of Performance Drone Works, has announced a conditional loan commitment of up to $820 million from the Department of War’s Office of Strategic Capital. The loan aims to expand domestic manufacturing capacity for critical drone and autonomous system components, reducing America’s reliance on foreign-controlled supply chains. The company plans to produce 60,000 drones annually and establish a trusted, American-made component supply chain for the broader US drone industrial base. This development was first reported by al.com.