Northrop Grumman Systems Corp., San Diego, California, has been awarded a $4,800,000,000 indefinite-delivery/indefinite-quantity contract for Global Hawk development, modernization, retrofit and sustainment activities for all Air Force Global Hawk variants. Continue reading
Category Archives: Business News
Ukraine JV with Turkey to Produce 48 Bayraktar Drones
Ukraine is forming a joint venture company with Turkey to domestically produce as many as 48 Bayraktar TB2 combat drones. Continue reading
Percepto Gets $45 M Series B Funding for Autonomous Inspection of Industrial Sites
Percepto, a supplier of autonomous inspections by industrial robotics, has announced a strategic investment of $45 million in Series B funding led by Koch Disruptive Technologies (KDT) to launch a transformative solution for remote, fully autonomous, asset monitoring, inspection and compliance of industrial sites. Continue reading
Terra Drone Completes Investment in Slovenia’s C-Astral
Terra Drone Corporation has completed its investment on Slovenia-based drone manufacturer and integrator, C-Astral Aerospace. Continue reading
GA-ASI Gets $93M Contract to Develop AI for Smart Sensor Prototype Unmanned Aerial Platform
General Atomics Aeronautical Systems Inc., Poway, California, was awarded a $93,293,554 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for research, development, test and evaluation of artificial intelligence for the smart sensor prototype unmanned aerial platform. Continue reading
Kratos Acquires UAS Engineering Co. 5-D Systems
Kratos Defense & Security Solutions, Inc. announced that it has acquired 5-D Systems, Inc., a CMMI Level 3 Systems and Software Engineering company with facilities in the Austin, Texas area and in Huntsville, Alabama. Continue reading
Amazon Prime Air Lays Off Dozens of Employees
Amazon said on Thursday last week that it had laid off dozens of staff working on the e-commerce giant’s delivery drone project as part of a reorganization of the team. Continue reading
OCCAR and Industry Agree Terms for Euro MALE RPAS
After several months of intensive negotiations between Airbus Defence and Space and OCCAR, the European Medium Altitude Long Endurance Remotely Piloted Aircraft System (MALE RPAS) Programme has taken a decisive step forward with the completion of the negotiation phase for the Stage 2 Contract. Continue reading






