InfraDefenceThe capital behind defence.
Government finance · 31 Jul 2026

Office of Strategic Capital conditional loan to Performance Drone Works

Issuer or borrower
Performance Drone Works
Date
31 Jul 2026
Amount
US$820m
Type
Government finance
Structure
Conditional direct loan commitment, up to US$820m
Purpose
High-volume US manufacturing of drone components (propulsion, power, control and vision)
Country
United States

This is a programme-level or conditional commitment. It is listed for reference and left out of funded totals.

Sources

  1. US Department of War: OSC signs $820 million conditional loan commitment with Performance Drone Works war.gov · 31 Jul 2026

Checked against the documents above. Record DEF-2026-0015.

Randeep Bubbra
InfraDefence Weekly

The week in defence finance, read from the filings.

Deals, terms and the clauses behind them, for the people financing primes, mid-tiers and new defence technology. By Randeep Bubbra.

Working on a financing like this? Book 20 minutes with Randeep to see how it compares.

Newsletters

Weekly, one email. Work email only. Unsubscribe any time. Privacy.