General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $31,003,429 cost-plus-fixed-fee order (N0001924F0168) against a previously issued basic ordering agreement (N0001922G0006). Continue reading
Category Archives: Business News
SkyDrop Grounded
SkyDrop Founder Matthew Sweeney announced on LinkedIn that the company is closing down: Continue reading
AeroVironment Poised for Growth: A Strong Buy on Surging Switchblade Sales
Analyst Peter Arment of Robert W. Baird maintained a Buy rating on AeroVironment, with a price target of $152.00.
Skyports and Port Authority of New York and New Jersey to Explore Middle-Mile Drone Logistics
Skyports Drone Services , a global supplier of drone logistics, surveys, and monitoring services, has announced a strategic partnership with the Port Authority of New York and New Jersey (PANYNJ) to explore the feasibility of middle-mile drone logistics in the New York and New Jersey region. Continue reading
Thales and Thaicom Study the Deployment of Unmanned Traffic Management Services in Thailand
Thales and Thaicom, through a Thaicom subsidiary, a leading Asian satellite operator and provider of integrated satellite communications, establish the foundations of an Unmanned Traffic Management (UTM) framework to enable the growth of the drone ecosystem in Thailand. In recent years, the integration of Unmanned Traffic Management (UTM) solutions has become a pivotal aspect of modern airspace management. Continue reading
Schiebel Wins CAMCOPTER S-300 Contract for South Korean Navy
Schiebel, together with Korean based defence solutions companies Hanwha Systems and UI Helicopter, has been awarded a contract by the Defence Acquisition Programme Administration (DAPA) for the development and delivery of the Vertical Take-off and Landing (VTOL) CAMCOPTER S-300 Unmanned Air System (UAS), to be operated by the South Korean MOD. Continue reading
General Atomics Expands International Collaborations and Partnerships with Japan
General Atomics, a defense and diversified technologies company with affiliates operating on five continents, is expanding its collaborations and partnerships across Japan with new investments in the nuclear energy and rare earth elements sectors. Continue reading
General Atomics Gets $43M US Navy MQ-9A Support Contract
General Atomics Aeronautical Systems Inc., Poway, California, is awarded a $43,131,929 cost-plus-fixed-fee order (N0001924F0008) against a previously issued basic ordering agreement (N0001922G0006). Continue reading