This move may indicate Draganfly's growing ambition in the US defense market, suggesting a potential shift in the company's strategic focus. The appointment of Thomas B. Modly as Chairman could provide valuable expertise and connections, which may strengthen Draganfly's competitive position in the US defense sector.
Canadian Drone Developer Expands Into US Defense Market
Draganfly Inc. has established a dedicated US defense subsidiary, Draganfly Defense USA, to support its expansion into the US defense and national security markets. The subsidiary will be led by Brigadier General AJ Pasagian and chaired by Thomas B. Modly, former Acting Secretary of the US Navy. This development was reported in a Form 6-K filing with the SEC, as reported by Unknown Source.
This move may indicate Draganfly's growing ambition in the US defense market, suggesting a potential shift in the company's strategic focus. The appointment of Thomas B. Modly as Chairman could provide valuable expertise and connections, which may strengthen Draganfly's competitive position in the US defense sector.
Canadian Drone Developer Expands Into US Defense Market
Draganfly Inc. has established a dedicated US defense subsidiary, Draganfly Defense USA, to support its expansion into the US defense and national security markets. The subsidiary will be led by Brigadier General AJ Pasagian and chaired by Thomas B. Modly, former Acting Secretary of the US Navy. This development was reported in a Form 6-K filing with the SEC, as reported by Unknown Source.