Northrop Grumman Corp., Aeronautics Systems, San Diego, California, is awarded a $19,911,142 cost-plus-fixed-fee order (N0001923F0294) against a previously issued basic ordering agreement (N0001920G0005). Continue reading
Category Archives: Business News
Hungary Orders Hero Loitering Munitions from Rheinmetall-UVision
Rheinmetall AG of Düsseldorf has secured an important order from Hungary for Hero Loitering Munitions. Contracts to this effect have now been signed. The munitions are worth a figure in the low three-digit million-euro range. Delivery will begin in 2024 and is scheduled to end in 2025. Continue reading
Lockheed Gets $221M US Army Deal for High-Powered Air Defense Laser Prototype
The US Army has selected at least one company, Lockheed Martin, to develop a new high-energy laser prototype to protect fixed and semi-fixed sites from incoming aerial threats, according to a contract notification. Continue reading
Hush Aerospace Invests $14M to Locate Operations in Tupelo
Unmanned aerial systems designer and manufacturer Hush Aerospace is locating operations in Tupelo. The project represents a corporate investment of $13.975 million and will create 80 jobs. Continue reading
AeroVironment Gets $12M US Army RQ-20B Puma AE3 UAS Contract
AeroVironment Inc., Simi Valley, California, was awarded a $12,051,941 firm-fixed-price contract for RQ-20B Puma AE3 UAS systems. Continue reading
Raytheon Gets 81M DARPA Hypersonic Air-Breathing Weapons Concept Contract
Raytheon in partnership with Northrop Grumman Corporation was awarded a follow-on contract from the Defense Advanced Research Projects Agency (DARPA) to reduce risk for future air breathing hypersonic systems. Under the agreement, the Raytheon-led team will build and fly additional Hypersonic Air-breathing Weapon Concept (HAWC) flight vehicles. Continue reading
Saudi Arabia Buys Turkish Drones During Erdogan’s Visit
Saudi Arabia has agreed to buy Turkish drones, one of several lucrative contracts President Recep Tayyip Erdogan secured for Turkey’s struggling economy as Ankara reaps the benefits of his recent diplomatic push to repair ties with Gulf Arab powers. Continue reading
General Atomics Gets $30M US Navy MQ-9 Reaper Maintenance Contract
General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $30,191,431 cost-plus-fixed-fee modification (P00014) to a previously awarded contract (N0001921C0016). Continue reading