ABC News just posted this interview with Steve Gitlin, Director of Marketing Strategy with AeroVironment. In it he delivers a smooth and clear explanation of the use of the company’s unmanned systems and the advantages that they bring to ground forces.
Category Archives: Business News
Mercury Computer Systems Reports Fourth Quarter and Fiscal Year 2011 Results
Mercury Computer Systems, Inc. reported operating results for its fourth quarter and fiscal year 2011 ended June 30, 2011. Fourth quarter fiscal 2011 revenues were $61.2 million, a decrease of $2.4 million from the fourth quarter of the prior fiscal year.
General Dynamics Information Technology and Aurora Flight Sciences Both Get $45M US Air Force Contracts
General Dynamics Information Technology and Aurora Flight Sciences, are both being awarded a $45,000,000 maximum cost-plus-fixed indefinite-delivery/indefinite-quantity contract to develop and improve manufacturing processes for all aspects of remotely piloted aircraft.
Kratos Completes Acquisition of Integral Systems
Kratos Defense & Security Solutions, Inc. a National Security Solutions provider, today announced the completion of its acquisition of Integral Systems, Inc. . Kratos completed the acquisition through a reverse merger of a wholly owned subsidiary with and into Integral Systems.
Northrop Grumman Second Quarter Sales Down 9%
Northrop Grumman Corporation reported sales for the second quarter decreased 9.6% to $6.56 billion, from $7.26 billion in the same quarter a year ago.
Goodrich and Currawong Team on Fuel Injection Technology
MLB Super Bat
Goodrich Corporation and Currawong Engineering Pty Ltd. of Tasmania, Australia, have announced a joint distribution agreement for technology developed for small gasoline and heavy fuel UAS engines.
Rafael and Aeronautics Buy Controp for $90M
Two of Israel’s defence suppliers– Rafael Advanced Defense Systems and Aeronautics – will acquire the ownership in Controp Precision Technologies for an estimated amount of about $90 million.
Elbit Systems Gets $40 Million Digital Army Program Extension from Israel’s Ministry of Defence
Elbit Systems Ltd. announced that it was awarded a $40 million order by the Israel Ministry of Defence for the follow-on Digital Army Programme (DAP). The Hermes and Skylark UAS form an integral part of the programme, integrated into a comprehensive net-centric solution.