The average cost for one of Northrop Grumman’s Global Hawk has risen more than 25 percent because the U.S. Air Force cut the order by about 14 percent in its 2012 budget request.
Category Archives: Business News
Brazil:Embraer to Enter UAS Market with Elbit Subsidiary
Embraer Defense and Security and AEL Sistemas, a subsidiary of Elbit Systems Ltd announced in LAAD 2011 in Rio de Janeiro, the signature of a strategic agreement envisaging the evaluation of joint exploration of UAS, including the potential creation of a company with majority participation of Embraer Defense and Security to work in the segment.
Z Microsytems Acquires Enhanced Video Devices to Grow UAS Activity
Z Microsystems, a leading provider of mission-ready computing systems, announced that it has acquired the intellectual property and product development team of Enhanced Video Devices (EVD), a developer of image enhancement technology.
Elbit Sues Republic of Georgia for $100 M
Elbit Systems Ltd. announced yesterday, that it has filed a lawsuit in the High Court of Justice of the United Kingdom against the Government of Georgia for an amount of approximately $100 million.
Imint Appoints New International Distributors
Ihvert IET Screen Shot
Imint (Sweden) has announced the appointment of three new distribution partners, to handle an increased international interest in the Imint product line, and to further accelerate global expansion.
AeroMech Engineering, Inc. becomes AME Unmanned Air Systems – New President/CEO
Mr. John Purvis has been named President and CEO of AME Unmanned Air Systems (formerly AeroMech Engineering, Inc.). He succeeds Mr. Jay McConville, who will now serve as AME UAS’s Chairman of the Board and as an Executive Vice President at ChandlerMay.
UCAV Airframe Now Available for Partnerships
Aversano Aircraft in Florida has been quietly developing an aircraft which it claims is “a whole new design, theory and all new technology for UAS performance, manoeuvrability and payload.” The Defender airframe is tried and tested and the company is now looking for partners who need a base for a future UAS.
South Korea / Israel – Trainer Jets for UAS
The South Korean defence ministry’s decision to purchase Israeli-made UAS will depend on whether the Israeli air force selects the Korea Aerospace Industries /Lockheed Martin T-50 as its new advanced jet trainer.