Joseph Ackerman, President of Elbit Systems, talked to Flightglobal about the company’s aspirations and the focus of its display this year at the Paris Air Show:
Category Archives: Business News
Pentagon Wants Pre-Approval on UAS Export Sales to Reduce $327 Billion Export Backlog
The Pentagon is processing a record backlog of $327 billion in arms exports and is speeding up the clearance process to meet the rising demand for UAS, said Vice Admiral Bill Landay, head of the agency responsible for weapons exports.
AeroVironment Gets $13M Puma Contract Extension
AeroVironment, Inc.was awarded on June 6 a $13,113,191 cost-plus-fixed-fee contract. The award will provide for the modification of an existing contract to confirm Puma unmanned aircraft systems training and contractor logistics support.
Turkey To Develop Domestic UAS Industry
Explaining his ruling Justice and Development Party (AKP) election manifesto, PM Recep Tayyip Erdoğan pledged that Turkey’s local defence companies would manufacture indigenous “tanks, helicopters, war planes, unmanned aircraft and military satellites in the next 12 years.”
Strategic Alliance for UAS Heavy-Fuel Engines
Ricardo, Inc., the U.S. subsidiary of Ricardo plc, has announced the formation of a strategic business alliance with XRD Inc. and NW UAV to design, develop and manufacture a family of heavy-fuel engine solutions for unmanned systems.
Microsemi Completes Acquisition of AML Communications, Inc.
Microsemi Corporation a provider of semiconductor technology , announced that its acquisition of AML Communications, Inc. closed on Friday, May 27, 2011.
Lockheed Martin Repelled Cyber Attack
Lockheed Martin detected a significant and tenacious attack on its information systems network, the company said in a statement late Saturday night. The cyber-assault took place on May 21, and quick action by its security team successfully repelled the attack.
Chandler May Wins AAI ‘Above & Beyond’ Award
ChandlerMay, a supplier of C2 System development, ground control stations and mobile C2 computing solutions, has been recognized by AAI Corporation for its continued contribution to the RQ-7B Shadow 200 tactical unmanned aircraft system (TUAS) programme.