European aerospace conglomerate EADS will not take part in the French-British Telemos UAS programme, which it is competing against with its own Talarion, a spokesman told Reuters on Thursday. Continue reading
Category Archives: Business News
Aerie Announces 24 Hour Endurance VTOL UAS
Austrian company Aerie has announced its first VTOL Long Endurance unmanned aircraft system, the Swift. Continue reading
General Atomics Gets $69M US Army Contract for Ground Control Stations
General Atomics Aeronautical Systems, Inc., Poway, Calif., was awarded a $68,961,778 cost-plus-incentive-fee contract. Continue reading
AeroVironment Gets $16 Million Order for Raven Logistics Support
AeroVironment, Inc. announced that it received a $15,909,962 cost-plus-fixed-fee contract order on September 1, 2011, under an existing contract with the US Army. Continue reading
Northrop Grumman Eyes International Sales for Global Hawk
Northrop Grumman Corp’s chief executive on Wednesday praised a US export-control streamline effort, only weeks after voicing fears that existing curbs could doom the fledgling US industry making unmanned aircraft. Continue reading
Elbit Brazilian Subsidiary AEL and Embraer Defesa Create Joint Company - Harpia
Elbit Systems Ltd. announced that its Brazilian subsidiary AEL Sistemas S.A. signed several related agreements with Embraer Defesa e Segurança S.A., a subsidiary of Embraer S.A. Continue reading
AeroVironment Fiscal Q1 Results – Revenues Up 62%
AeroVironment has just reported its fiscal first-quarter results. The firm saw revenue climb 62% year over year to $62 million, driven by a 56% increase in its core UAS segment and a 105% growth in the smaller efficient energy systems business. Continue reading
Kratos Gets Contracts Worth $4.2 Million for Specialised UAS Programme Equipment
Kratos Defense & Security Solutions, Inc. has announced that it has received new contract awards totalling $4.2 million for certain Unmanned Aircraft System programme related equipment. Continue reading