Lockheed Martin has announced the acquisition of substantially all of the assets of CDL Systems Ltd., a software engineering firm that specializes in the development and licensing of vehicle control station software for unmanned systems. Continue reading
Category Archives: Business News
Elbit Settles with Georgia for $35M
Elbit Systems Ltd. announced that the Company and Georgia have signed settlement agreements for settling all claims and disputes. Continue reading
Elbit Gets $50M Hermes 900 Contract
Elbit Systems Ltd. announced that it was awarded a contract, valued at approximately $50 million, to supply Hermes 900 Unmanned Aircraft Systems to a governmental office of a country in the Americas. Continue reading
Raytheon Gets $70M Predator Targeting System Contracts from US Air Force
The US Air Force has awarded two contracts totalling $70.5 million to defense contractor Raytheon Co. to support targeting systems used by missile-carrying Predator unmanned aircraft. Continue reading
UAS Builder Named NASA’s Best Small Business Prime Contractor 21011
Las Vegas-based Arcata Associates has been selected NASA’s 2011 Small Business Prime Contractor of the Year. Continue reading
URS Corporation Acquires CATI Training Systems
URS Corporation has acquired the assets of Daleville, Alabama based CATI Training Systems, which specialises in delivering advanced visual image generation systems and high fidelity visual simulation terrain databases for simulators, which are used to train civil, commercial and military pilots. Continue reading
Sale of Four Global Hawks to South Korea on Hold
Global Hawk Block 30
The sale of as many as four Northrop Grumman Global Hawks to help improve South Korea’s reconnaissance capability may have stalled. Continue reading
Swift Ramps Up Bat Production for Northrop Grumman
Swift Engineering, a high-tech race car and aerospace firm off Avenida La Pata in San Clemente’s commercial district, broke ground on a new 15,000-square-foot, $3-million manufacturing centre. Continue reading