Category Archives: Business News

AeroVironment’s New Joint Venture and Solar HALE UAS Development Program

AeroVironment, Inc. has announced the formation of a joint venture to develop solar-powered high-altitude long-endurance, or HALE, UAS for commercial operations. This category of UAS is also referred to as high-altitude pseudo-satellites, or HAPS. The joint venture will fund the development program up to a net maximum value of $65,011,481. Continue reading

Northrop Grumman Gets $255M Contract for Lot 3 MQ-4C Triton Production

Northrop Grumman Systems Corp., San Diego, California, is being awarded $255,309,325 for fixed-price-incentive modification P00003 to a previously awarded advanced acquisition contract (N00019-17-C-0018) for the Lot 3 low-rate initial production of three MQ-4C Triton unmanned aircraft, trade studies and tooling in support of the Persistent Maritime Unmanned Aircraft Systems Program Office.   Continue reading

New Home for Avidrone

Geoff Gurr, left, and Scott Gray of Avidrone Aerospace show off some of their drones at the company’s new home in the Chartright Air Group hanger in Breslau. – Brent Davis,Record staff

In recent years, Avidrone Aerospace had been flying under the radar. The Breslau-based industrial drone manufacturer was focused on research and development, keeping much of its work under wraps as the company created its own autopilot electronics and flight control software. Continue reading