Category Archives: Business News

Northrop Grumman Gets $142M US Air Force RQ-4B Global Hawk Maintenance Contract

Northrop Grumman Aerospace Systems, San Diego, California, has been awarded a $142,483,296 cost-plus-fixed-fee and cost-reimbursable, indefinite-delivery requirements contract modification (P00017) to previously awarded (FA8539-21-D-0001) to award and to exercise Option Year 5 and to award Option 6 for test, teardown and evaluation, repairs, and management of national stock numbers of the RQ-4B Global Hawk Unmanned Air-Vehicle System. Continue reading

Spain’s Indra Group Acquires Wake Engineering’s UAS Technology

Indra Group has reached an agreement with the CPS Group to acquire Wake Engineering’s unmanned aircraft systems (UAS) technology, with the aims of further strengthening its standing in the market and accelerating the development of capabilities so as to respond to the Special Modernization Programs and the huge potential for international growth in the field. Continue reading