The Board of Directors of Dassault, chaired by Mr. Charles EDELSTENNE, last week closed the financial statements for the year 2011. Continue reading
Category Archives: Business News
Spain: Budget Cuts Force INSA to Merge with ISDEFE
The Spanish Government approved last Friday, March 16th a plan to restructure the public sector, which affected 49 companies, including INSA (Ingeniería y Servicios Aerospaciales S.A.). Continue reading
Cassidian Cancels Talarion
EADS company Cassidian confirms that it has halted work on the Talarion unmanned aircraft system programme, after failing to secure financial backing from potential future buyers. Continue reading
Insitu Gets ScanEagle Contract From The Netherlands
Insitu announced yesterday that it has signed a contract to deliver its ScanEagle unmanned aircraft systems (UAS) to the Netherlands to provide intelligence, surveillance and reconnaissance (ISR) for the Ministry of Defense (MOD). Continue reading
Mexico Was $50M Hermes 900 Buyer
When Elbit Systems announced a $50 million sale “to supply Hermes 900 Unmanned Aircraft Systems (UAS) to a governmental office of a country in the Americas” on Jan. 3,there was speculation that Colombia was the buyer. Continue reading
Russia To Build sUAS for Vietnam
Russian military aircraft manufacturer Irkut has signed a contract with Vietnam to build a small unmanned aircraft for the Southeast Asian country, Izvestia daily reported last week.
Northrop Grumman Reveals Global Hawk Contract Status
The US Air Force has not formally cancelled the Block 30 version of the RQ-4B Global Hawk unmanned reconnaissance aircraft, a top Northrop Grumman executive says. Continue reading
AAI Gets US Army $180M Shadow Support Contract
AAI Corp., Hunt Valley, Md., was awarded an $180,900,000 cost-plus-incentive-fee contract. Continue reading