Drone Surveillance Contract Called Off by U.S. State Department

The U.S. State Department canceled its $1 billion surveillance drone competition, saying none of the proposals met its requirements, according to the U.S. government’s Federal Business Opportunities website.

The competition had called for companies to operate small-scale unmanned aircraft that would supply real-time video of convoy routes and buildings. It was an opportunity for companies such as Aerovironment Inc. (AVAV) and Vanguard Defense Industries LLC to boost sales outside the Department of Defense, the biggest U.S. buyer of unmanned aircraft.

The State Department “plans to examine closely the requirements stipulated in the solicitation with the intent of developing and releasing a new” request for drone proposals, according to the notice.

To contact the reporter on this story: Nick Taborek in Washington at ntaborek@bloomberg.net

To contact the editor responsible for this story: Stephanie Stoughton at sstoughton@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.