Insitu Inc., Bingen, Washington, is awarded $12,167,690 for firm-fixed-price delivery order N0001919F2638 against a previously issued basic ordering agreement (N00019-15-G-0014). Continue reading
Category Archives: Business News
China Delivers 100th Wing Loong for Export
The producer of China’s domestically-developed Wing Loong on December 25th. 2018 delivered the 100th unmanned aerial system (UAS) for export. Continue reading
GA-ASI Gets $291M USAF MQ-9 Reaper Contract
MQ-9 Reapers at Kandahar Airfield - Air Force photo by SSgt. Divine Cox
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a $291,391,727 cost-plus-fixed-fee and firm-fixed-price contract for MQ-9 Reaper unmanned aerial systems support and services. Continue reading
Rolls-Royce to Power the MQ-25 Stingray
Boeing’s MQ-25
Rolls-Royce in Indianapolis has been selected to build the jet engine to power the MQ-25 Stingray, a new unmanned aircraft that promises to catapult the Navy toward revolutionary combat capability and the companies that build the sleek system toward a potential $20 billion prize. Continue reading
GA-ASI Gets $40M US Army Gray Eagle Contract
General Atomics Aeronautical, Poway, California, was awarded a $40,000,000 modification (P00029) to contract W58RGZ-17-C-0035 for services on the Gray Eagle unmanned aircraft system. Continue reading
Spain Acquires Two Alpha 800 UAV Helicopters
The Spanish Armed Forces, through the DGAM (Dirección General de Armamento y Materiales) has acquired two Alpha 800 UAV helicopters from Alpha Unmanned Systems, SL. Continue reading
GENIUS NY Round Three Finalists Announced
GENIUS NY, a business accelerator program at CenterState CEO’s Tech Garden, has announced the five finalists companies selected for its third round. These startup drone companies will participate in the year-long program and will compete for a total of $3 million in direct investment, with one grand prize of up to $1 million and four $500,000 awards.
Elbit and Adani Launch JV Hermes Plant in India
India’s first private sector unit for manufacturing unmanned aerial vehicles (UAVs) to cater to both the Indian armed forces and the global market was formally launched at Adani Aerospace Park. Built jointly by the Adani Defence & Aerospace and Israel-based Elbit Systems with an initial investment of $15 million, the 50,000 sq ft facility will develop the Hermes 900 medium altitude long-endurance UAVs of Elbit.