AeroVironment, Inc. just reported financial results for its third quarter ending January 28, 2012. Continue reading
Category Archives: Business News
AAI Gets $600M Aerosonde Order from US Special Forces Command
US Special Forces Command (SOCOM) selected the AAI Aerosonde to provide intelligence, surveillance and reconnaissance (ISR) services. Continue reading
General Atomics Aeronautical Systems Gets $34M US Air Force Contract
The US Air Force has awarded General Atomics Aeronautical Systems a $38.4 million contract for unmanned aircraft, the Defense Department announced last week. Continue reading
General Atomics Gets $17M Reaper Support Contract for Italy
General Atomics Aeronautical Systems, Inc., Poway, California, is being awarded a $16,870,978 cost-plus-fixed-fee contract for contractor logistics support for the Italian Air Force MQ-9 Reaper. Continue reading
US Navy Selects 3 Bidders for $874M Service Contract
Insitu Integrator
AAI, Boeing and a Computer Sciences Corp (CSC)/Saab team were selected by the US Navy today to compete for task orders for services provided by unmanned aircraft systems worth up to $874 million. Continue reading
The Netherlands Issues RFI for MALE UAS
The Netherlands has launched the process to acquire a medium-altitude, long-endurance unmanned aircraft system capability later this decade, with its defence ministry seeking information from potential suppliers. Continue reading
SAGEM Gets Sperwer Maintenance Contract Extension
SAGEM has signed a contract with SIMMAD, the Maintenance Organisation of the French Ministry of Defence, to provide in-service maintenance for the Sperwer tactical unmanned aircraft system deployed by the French Army. Continue reading
Cosworth and ST Aerospace to Develop UAS Heavy Fuel Engines in Asia
Singapore Technologies Aerospace Ltd (ST Aerospace) and Cosworth Group (Cosworth) have signed a Memorandum of Understanding to jointly develop heavy fuel engine systems for unmanned systems customers in the Asia Pacific markets.