Leonardo-Finmeccanica acquired the full control of Sistemi Dinamici S.p.A from IDS S.p.A on December 23rd. The control of the company, which involved the remaining 60 percent of shares, is aimed at further strengthening the commitment of Leonardo in unmanned products thanks to the acquisition of the new unmanned lightweight helicopter SD-150 Hero programme.
Category Archives: Business News
Northrop Grumman Gets $17M MQ-8 Support Contract
Northrop Grumman Corporation has secured a contract to provide system software and engineering services for the MQ-8 Fire Scout unmanned air system from the Naval Air Systems Command, MD. The contract is worth $17.1 million. Continue reading
Japan’s Drone Sector Flying High
From high-street playthings to sophisticated commercial and military aircraft, drones are seen as being at the sharp end of technology. Yet, paradoxically, traditionally low-tech countries such as India and Pakistan are now churning out their own models. The commercial drone business is driven by advances in key components such as sensors, lenses and radio control devices – and manufacturers buy these from producers in advanced tech countries. Continue reading
UK and France Agree on Interim FCAS Work
The British and French governments have signed an agreement to begin a new interim phase of the bilateral Future Combat Air System (FCAS) programme.
QinetiQ Acquires Meggitt Target Systems
QinetiQ announced that it has acquired Meggitt Defence Systems Limited and Meggitt Holdings Canada Inc. (together “Meggitt Target Systems”) from Meggitt for £57.5 million on a cash-free, debt-free basis.
Intel Acquires MAVinci from European Space Agency
There are thousands of drone companies out there, but Intel has chosen to acquire MAVinci, a start-up from one of the European Space Agency’s business incubators in Germany that has developed an easy-to-use system for land surveillance.
Israel to Acquire More Hermes 900s
The Israeli Air Force (IAF) is acquiring more unmanned air vehicles with advanced payloads to satisfy the growing demand for their services.
Norwegian Railways Hires Drones for Maintenance Monitoring and Risk Assessment
The Norwegian Governments’ Agency for Railroad Services – Jernbaneverket – has signed nationwide framework agreements for drone services with the Iris Group on 8 December 2016.