What Happened
Huntsville Company To Expand Domestic Manufacturing Capability
Performance Drone Works (PDW) has announced a conditional loan commitment of up to $820 million from the Department of War’s Office of Strategic Capital to expand domestic production of drone components. The funding aims to reduce the nation’s reliance on foreign-controlled supply chains and support urgent defense requirements, as well as future public safety, industrial, and commercial applications. According to the Huntsville Business Journal, this investment represents a significant federal commitment to advanced manufacturing in Huntsville.