Institu currently has “between 12 and 15 active pursuits right now in the Middle East region,” Mark Russell, the company’s business development manager told reporters. Each potential sale consists of six Institu ScanEagle surveillance UAS and four Institu Interceptor UAS. Continue reading
Category Archives: Business News
UK Awards Lockheed Martin Desert Hawk 3 Contract
The U.K. Ministry of Defence has awarded Lockheed Martin a contract to support the Desert Hawk 3 programme and establish the small unmanned aerial system (UAS) as a Core Defence Capability. Continue reading
Thales Launches Modular Watchkeeper X
Thales’ new modular Watchkeeper X system reflects a growing need for high-end military-standard Intelligence, Surveillance, Target Acquisition and Reconnaissance (ISTAR) capability to wider markets.
New Shareholder for CybAero
Swedish unmanned helicopter company CybAero has gained a new shareholder. Subversive Capital, a US fund, has acquired the remainder of California-based AeroVironment’s CybAero holding.
US Navy Wants Cosworth Engine on RQ-21A
Insitu Inc., Bingen, Washington, is being awarded $6,874,313 for cost-fixed-price delivery order 0052 against a previously issued basic ordering agreement (N00019-12-G-0008) for technical studies, conceptual design modifications and engineering development, including associated preliminary test assets necessary to integrate the Cosworth AG engine onto the RQ-21A unmanned aircraft system. Continue reading
Indian Government Approves $400M Armed Heron TP Contract
The Indian government has quietly approved the purchase of 10 missile-armed UAS from Israel — a crucial acquisition that will enhance India’s cross-border military strike capability. The $400-million proposal for buying armed Heron TP UAS from Israel was cleared last week.
Airogistic Launches Portable Drone Cage
Airogistic LLC, a pioneer for developing UAV infrastructure products and services, has announced the product rollout of the DroneDome. The DroneDome is an outdoor netted shelter that allows for the use and testing of small Unmanned Aerial Systems (sUAS) in a controlled and personnel safe environment.
Swiss Parliament Approves Hermes 900 Deal
The Swiss parliament on 7 September voted in favour of an armed forces plan to buy six Elbit Systems Hermes 900 unmanned air vehicles, in a deal valued at $256 million. Continue reading