Teledyne FLIR Defense, a part of Teledyne Technologies Inc.(TDY), said on Monday that it has bagged a $17.5 million contract from armasuisse, the Swiss Federal Office of Defence Procurement.
Teledyne FLIR will deliver a large number of Black Hornet 4 personal reconnaissance systems, one of the most advanced nano-drones. Black Hornet 4 was selected as an airborne dismountable intelligence, surveillance, and reconnaissance capability sensor for armasuisse's Piranha 8x8 armored engineering vehicle program.
Black Hornet 4, the lightweight nano-drones, will provide enhanced day and night covert situational awareness to small fighting units.
At just 70 grams, Black Hornet 4 can survive GPS-denied and contested environments, fly for over 30 minutes over three kilometers, and function in 25-knot winds and rain.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.