Worldwide UAV Market to Triple in Ten Years

Global spending on unmanned aerial vehicle (UAV) programs is expected to triple over the next decade in military, commercial, and consumer markets, according to analysts at Teal Group in a new market analysis. They estimate that UAV production will rise from current worldwide UAV production of $4 billion annually to about $14 billion, totaling $93 billion over the next ten years. Military UAV research spending would add another $30 billion over the same decade. Continue reading

Elbit Systems Gets $78 Million Contract in Europe

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Elbit Systems Ltd.  announced that it was awarded a contract from a European country to supply an Unmanned Aircraft System (UAS)-based cutting-edge intelligence solution. Valued at approximately $78 million, the contract will be performed over a two-year period by Elbit Systems’  ISTAR Division, established several months ago, as a result of  combining Elbit Systems’ Electro-optics – Elop and UAS Divisions.

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AEgis Delivers UAS Simulation to Sinclair College

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AEgis Technologies has successfully fielded a Vampire Institutional Training System (VITS) for classroom simulation at Sinclair College in Dayton, Ohio. Sinclair has incorporated Vampire as part of a state-of-the-art learning lab included in the National UAS Training and Certification Center. The simulation will support both credit and non-credit courses, as well as training and research leveraging live, virtual and constructive technologies and partnerships. Continue reading