Turkey formally approved the purchase of a domestic-built UAS during a 5 January meeting of its Undersecretariat of Defence Industries (SSM). Continue reading
Category Archives: Business News
Mercury Enhances Expertise in Digital RF and IT with KOR Electronics Acquisition
Mercury Computer Systems Inc. is boosting it’s expertise in digital RF and information technology with the acquisition of KOR Electronics in Cypress, California, and its wholly owned subsidiary, Paragon Dynamics Inc. in Aurora, Colorado. Continue reading
IAI CEO Yitzhak Nissan to Step Down at End of 2012
Israel Aerospace Industries Ltd. CEO Yitzhak Nissan will step down when his contract expires at the end of the year, and retire, he and IAI chairman Dov Baharav agreed a few days ago. Continue reading
Israel Aerospace Industries Signs $1.1Billion Deal with India
Israel Aerospace Industries Ltd. has signed one of its largest arms deals, for the sale of $1.1 billion worth of missiles, anti-missile systems, unmanned aircraft, intelligence and other systems. Continue reading
BAE Gets $13M US Army Contract to Put Traveler Pods on Gray Eagle
The US Army has awarded BAE Systems a $12,290,244 contract for T-Pod systems on the MQ-1 C Gray Eagle unmanned aircraft, the Pentagon announced Thursday. Continue reading
Northrop Grumman Gets $47M Contract to Integrate BCAN Payloads on 2 Global Hawks
Global Hawk Block 20
Northrop Grumman Defense Mission Systems Incorporated, of San Diego, California, is being awarded a $47,176,105 firm fixed price contract for the purchase and integration of two battlefield airborne communications node (BACN) payloads on two Global Hawk Block 20 aircraft. Continue reading
General Atomics Aeronautical Systems Gets $40M Contracts from US Army
General Atomics Aeronautical Systems, Inc., Poway, California, was awarded a $12,000,000 cost-plus-fixed-fee contract. Continue reading
AAI Gets $66M Contracts for Weapons and Laser Designators on Shadow
AAI Corp., Hunt Valley, Md., was awarded a $54,795,517 firm-fixed-price contract. The award will provide for the modification of an existing contract to procure laser designator retrofit kits for the Shadow unmanned aircraft system. Continue reading