The Commercial Service of the US Embassy in Tel Aviv and Airlift Inc. are jointly organizing an International Unmanned Systems trade mission to Israel from March 27 – April 1. The event is sponsored by IAI, Rafael, Aeronautics, Bluebird, Simlat, and Urban Aeronautics and features visits to these companies, individual B2B meetings and a UAS Flight Show at Ein Shemer Air Force Base.
Category Archives: Business News
BAE Systems and Dassault Join Forces for MALE UAS
BAE's Mantis - Basis for New Joint UAS
BAE Systems and Dassault Aviation announced that they have signed a memorandum of understanding (MoU) to collaborate on the design, development, production and support of a medium altitude long endurance (MALE) unmanned aircraft system for the UK and French defence ministries.
UAS Operators Earn More than Aircraft Pilots
A survey by job seekers web-site Indeed revealed that in the USA, the average annual salary of a UAS Operator, or Remotely Piloted Aircraft Pilot, was $103,000 – somewhat greater than the average of $80,000 it found for Aircraft Pilots. For full results click here.
Homeland Security UAS Markets to Reach $2.3 Bn Worldwide by 2017
WinterGreen Research announces that it has a new study on homeland security unmanned aircraft systems . Markets valued at $84 million in 2010 are forecast to reach $2.3 billion dollars, worldwide by 2017. The 2011 study has 672 pages and 216 tables and figures. Homeland_UAS_Abstract.pdf
Annual Worldwide UAS Market Will Double to $11.3 Billion in Ten Years
UAS has been the most dynamic growth sector of the world aerospace industry this decade, according to a report just issued by the Teal Group. The 2011 market study estimates that UAS spending will almost double over the next decade from current worldwide UAS expenditures of $5.9 billion annually to $11.3 billion, totalling just over $94 billion in the next ten years.
Elbit Systems Buys Rest of Elisra for $67M
Elbit Systems Ltd. announced yesterday that it has reached an agreement to acquire the remaining 30% of the shares of Elisra Electronic Systems Ltd. held by Elta Systems Ltd.(a subsidiary of Israel Aerospace Industries Ltd.) for $67.5 million.
Norway: AnsuR Acquires Scandicraft
AnsuR, an Oslo, Norway-based supplier of small unmanned aerial vehicles, has announced its acquisition of Scandicraft, another Norwegian company that develops and markets microdrones for surveillance and security purposes.
BAE Systems Posts Net Profit – Warns About Defence Cuts
BAE Systems has just announced its year end results for 2010 returning to a net profit, but warning of the impact of defence budget cuts in Britain and the United States. Earnings after tax hit £1.05 billion ($1.69 billion, €1.25 billion) last year, compared with a net loss of £67 million in 2009.
Continue reading