Northrop Grumman Aerospace Systems, San Diego, California, has been awarded a $78,066,102 firm-fixed-price delivery order under a basic order agreement for initial Global Hawk Block 40 spare parts. Continue reading
Category Archives: Business News
AeroVironment Gets $19M DARPA TERN Phase 2 Contract
AeroVironment Inc., Monrovia, California, has been awarded a $19,035,007 modification (P00002) adding Phase II base period within the general scope of the cost-plus-fixed-fee contract (HR0011-13-C-0099) for the Tactically Exploited Reconnaissance Node (TERN) programme. Continue reading
US Navy Says Better Reliability Could Trim Triton Order
A senior U.S. Navy official on Tuesday said improved reliability may allow the Navy to buy fewer than the 68 Northrop Grumman Corp high-altitude, unmanned Triton aircraft now planned. Continue reading
PrecisionHawk Raises $10M to Expand
PrecisionHawk, an information delivery company that uses a small, lightweight UAV [Unmanned Aerial Vehicle] and cloud-based software to collect, process and analyze aerial data, today announced it has closed a Series B financing round of approximately $10 million led by New York City-based investor Millennium Technology Value Partners. Continue reading
Richard Branson Invests in 3D Robotics
Billionaire entrepreneur and Virgin Group founder Richard Branson just made it official on Monday that he became the latest investor in 3D Robotics, a commercial drone company founded by ex-Wired Magazine chief editor Chris Anderson. Continue reading
$354 M USAF Contract for 3 RQ-4 Global Hawks
The U.S. Air Force has awarded Northrop Grumman a $354 million primarily firm-fixed-price contract to expand their RQ-4 Global Hawk unmanned aircraft system (UAS) fleet by three aircraft. Continue reading
Orbital Delivers First ScanEagle Engine to Insitu
Orbital Corporation Limited (Orbital) has delivered the first purpose-built ScanEagle Unmanned Aerial Vehicle (UAV) propulsion system to Insitu Inc, a subsidiary of The Boeing Company, for in-house testing and development. Designed specifically for Small Unmanned Aircraft Systems (SUAS) class UAVs, it is the first reciprocating internal combustion propulsion system to be engineered from the ground up for unmanned aerospace application. Continue reading
