Category Archives: Business News

Northrop Grumman Gets $4.8B USAF Global Hawk Development Contract

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

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

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