Draganfly Forms U.S. Defense Unit, Appoints Modly Chairman
Draganfly established a U.S. defense subsidiary and named former Acting U.S. Navy Secretary Thomas Modly its chairman, TradingView reported.
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what happened
TradingView reported that Draganfly Inc. has established Draganfly Defense USA to pursue opportunities in the U.S. defense market. The company appointed Thomas B. Modly, a former Acting U.S. Navy Secretary, as chairman.
Brig. Gen. AJ Pasagian (Ret.) will lead the unit’s U.S. defense operations. The material also references DEVCOM ARL work involving c-UAS systems. The new structure is intended to support compliance with U.S. export-control and cybersecurity requirements, according to the press release from Draganfly Inc. distributed by GlobeNewswire.
why it matters
The move is an early structural step to formalize and expand Draganfly’s U.S. defense efforts. Its market significance will depend on whether the company secures funded U.S. programs or production awards that demonstrate revenue traction.
instruments
sources
- Draganfly Inc. (DPRO) Forms U.S. Defense Subsidiary, Names Modly Chairman — TradingView, 12 October 2026 at 12:30 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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