World Surveillance Group Inc.(“WSGI”), announced that it has completed the acquisition of Lighter Than Air Systems Corp. (“LTAS”). LTAS is expected to continue to generate revenues based on a robust pipeline in the surveillance and security sector. Continue reading
Category Archives: Business News
Festo BionicOpter Beats Dragonfly at its Own Game
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With the BionicOpter, Festo has applied the highly complex characteristics of the mechanics of dragonfly flight to an ultra-lightweight flying object at a technical level. Continue reading
US Navy Plans to Place Four UCLASS Development Contracts
The US Navy has announced its intention to fund four companies to design new unmanned aircraft as part of its unmanned carrier-launched airborne surveillance and strike (UCLASS) programme. Continue reading
Northrop Grumman Gets $433M US Air Force Global Hawk Logistics Contract
Northrop Grumman Corp., Aerospace Systems, San Diego, California is being awarded a $433,518,021 (estimated) cost-plus-fixed-fee contract for contractor logistics support for the RQ-4 Global Hawk fielded weapon system. Continue reading
AgustaWestland “Project Zero” All-Electric Tilt Rotor Technology Demonstrator
The revolutionary AgustaWestland “Project Zero” all-electric tilt rotor technology demonstrator, designed, built and tested in twelve months, was officially unveiled just prior to the Heli-Expo 2013 in Las Vegas, USA. Continue reading
Simlat to Deliver a Mini-UAS Training & Simulation Center to the Finnish Defence Forces
Simlat Ltd. has been awarded a contract to deliver a UAS Training Centre including its high fidelity UAS training systems to the Finnish Defence Forces (FDF) as part of Mini-UAS contract awarded to Aeronautics Ltd. Continue reading
Sagetech Corp Achieves ISO 9001 and AS9100C Certifications
Avionics developer Sagetech Corporation announced that it has been awarded certifications for both AS9100C and ISO 9001:2008 standards. Continue reading
New York Times Predicts Boom in Commercial Use of UAS
The New York Times just posted this report on the development Unmanned Aircraft Systems for commercial purposes. Continue reading