Elbit Systems of Israel announced on 7 January that it has agreed to dissolve the Brazilian Harpia Sistemas joint venture (JV) that it operates with its subsidiary AEL Sistemas, Embraer Defense and Security, and Avibras. Continue reading
Category Archives: Business News
US Navy wants sUAS that Can See in the Dark
The US Navy, which already operates the catapult-launched ScanEagle and Blackjack, is interesting in procuring more tactical small unmanned aerial systems to provide ISR in day and night operations, as well as in adverse environmental conditions.
Flying Camera has $34 million in Pre-Sales
Antoine Balaresque, who co-founded the Lily company in the basement of a University of California, Berkeley robotics lab, set out to make the simplest drone — make that, flying camera, or one that didn’t require any flight skills. Continue reading
Northrop Grumman Announces DARPA TERN Contract
The Defense Advanced Research Projects Agency (DARPA) and the Office of Naval Research have awarded Northrop Grumman Corporation the third phase of the Tern unmanned systems program. Phase three plans to include final design, fabrication and a full-scale, at-sea demonstration of the system.
Intel Acquires Ascending Technologies
Intel has made yet another hardware acquisition to build up its business of integrating its processors and RealSense imaging technology into the next wave of connected devices beyond PCs. The company announced it has purchased Ascending Technologies, a Germany-based startup that makes small drones and the software used to fly them. Continue reading
General Atomics Gets $338M Air Force and Air National Guard Operations Contract
General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a $338,231,976 cost-plus-fixed-fee contract for Predator (MQ1) and Reaper (MQ9) unmanned aerial systems contractor logistic support. Continue reading
Northrop Grumman Gets $93M TERN Contract
Northrop Grumman Systems Corp. Aerospace Systems, El Segundo, California, has been awarded a $93,076,636 Other Transaction Agreement for prototype project – Tactically Exploited Reconnaissance Node (Tern) program, Phase III.
Saab and UMS Aero Group AG Create UMS Skeldar AG
Swedish defence company Saab and UMS Aero Group AG, a Swiss supplier of tactical unmanned aerial vehicles (UAVs), are forming a joint venture under the name UMS Skeldar AG. Continue reading