Denel Dynamics, the missiles and unmanned aircraft systems business arm of SA defence manufacturer, Denel, is exhibiting at this year’s International Defence Industry Fair (IDEF) in Istanbul, Turkey from May 10 – 13.
Category Archives: Business News
Aero-Instruments Acquires Air Data Product Line
Aero-Instruments, a manufacturer of Air Data Sensors, has announced the acquisition of SpaceAge Control’s air data product line.
New President and CEO for Insitu
The Boeing Company and subsidiary Insitu Inc. yesterday named Steve Morrow Insitu President and CEO, effective immediately. Morrow succeeds CEO Steve Sliwa, who retired April 1.
General Atomics Teams with RUAG to Offer Predator B to German Government
General Atomics Aeronautical Systems, Inc. has signed a Memorandum of Understanding (MoU) with RUAG Aerospace Services GmbH, an approved and certified MRO company, to offer the Predator B UAS to meet the surveillance needs of the Federal Republic of Germany.
Rockwell Collins Guidance and Navigation Systems Exceed 1 Million Hours Flying UAS
Rockwell Collins’ Athena family of flight control and navigation systems exceeded 1 million flight hours on several UAS performing surveillance operations primarily in the Middle East. This fact emerged out of the company’s quarterly report, which also announced a sales increase of $81 million, or 7%, to $1.223 billion for its second quarter ended March 31, 2011 compared to sales of $1.142 billion for the same period a year ago.
Source: American Chronicle
Northrop Grumman Corporation First Quarter 2011 Earnings Up
Northrop Grumman Corporation reported that first quarter 2011 earnings from continuing operations increased to $496 million, from $410 million in the first quarter of 2010. Details for the Aerospace Systems division :
Gatewing X100 Roadshow in Australia in May
Position Partners, the Australian Distributor of the Gatewing X100 will be showcasing the system at Melbourne, Brisbane, Perth and Hunter Valley from 23rd May to 3rd June. Here is the pitch: