JoeBen Bevirt, CEO of Joby Aviation Inc. (NASDAQ:JOBY), says that the company sees a lot of potential in the Pentagon’s $9.4 billion budget for uncrewed aircraft.
Significant Opportunity For Joby Aviation
“The DoD has requested $9.4 billion in the FY26 budget to advance uncrewed and remotely operated aircraft. And we see significant opportunity for Joby and our partners,” Bevirt said during the company’s second-quarter earnings call on Wednesday.
When asked about a realistic opportunity in the defense sector, the company said that it is a big moment for the future of military aviation as defense strategies look towards “cheaper, quieter and autonomous” solutions.
“Recent conflicts have certainly shown that the sort of paradigm of large, expensive, crewed helicopters for a wide variety of missions …