Business News
URS Corporation has acquired the assets of Daleville, Alabama based CATI Training Systems, which specialises in delivering advanced visual image generation systems and high fidelity visual simulation terrain databases for simulators, which are used to train civil, commercial and military pilots. The training systems from CATI are used by the
Business News
The sale of as many as four Northrop Grumman Global Hawks to help improve South Korea’s reconnaissance capability may have stalled. South Korea has raised concerns about the price of the Northrop Grumman RQ-4 Block 30I Global Hawk unmanned aircraft and could open a tender for a high-altitude, long-endurance
Business News
Swift Engineering, a high-tech race car and aerospace firm off Avenida La Pata in San Clemente's commercial district, broke ground on a new 15,000-square-foot, $3-million manufacturing centre. Armed with the latest design technology and poised to increase its manufacturing capacity by at least 600 percent, the firm
Business News
A Memorandum of Understanding was signed between Cassidian on behalf of EADS Deutschland GmbH and Alenia Aeronautica S.p.A. to jointly investigate the potential cooperation in the field of Medium Altitude Long Endurance (MALE) Unmanned Aerial Systems (UAS) and Unmanned Combat Aerial Vehicles (UCAV). Alenia and Cassidian are aiming
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Denmark's Army is planning to buy tactical unmanned aircraft systems for avariety of different missions. A delegation of military officials visited Israel recently as part of a market assessment. They met the Israeli Air Force and some local manufacturers during the trip. In 2006 the Danish Defence Ministry
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MBDA Inc., the wholly owned U.S. subsidiary of missile manufacturer MBDA, has purchased Northrop Grumman Corporation’s Viper Strike munitions business, located in Huntsville, AL. Terms of the agreement are not being disclosed. The Viper Strike purchase is MBDA Inc.’s first acquisition in the U.S. and is
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L-3 Communications Corp. has entered into an agreement to acquire the Kollmorgen Electro-Optical unit of Danaher Corp. for $210 million in cash. KEO develops and manufactures specialized equipment for the U.S. military, prime contractors and allied nations. Products include submarine photonics systems and periscopes, ship fire control systems, visual
Business News
General Atomics Aeronautical Systems, Poway, California, is being awarded a $319,236,484 firm-fixed-price contract for 40 MQ-9 Block 1 aircraft, and 40 aircraft containers. The location of the performance is Poway, Calif. Work is expected to be completed by September 2013. This was a sole-source acquisition; one proposal was
Business News
General Atomics Aeronautical Systems, Poway, California, is being awarded a $9,381,403 firm-fixed-price contract for the delivery order for seven Fixed Ground Control Stations. The location of the performance is Poway, California, and is expected to be completed by December 31, 2012. ESC/HIBK, Wright-Patterson Air Force Base, Ohio,
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SELEX Galileo, a Finmeccanica company, has won contracts in excess of €23 million to provide logistics support for a range of systems. These include support agreements for the Tornado aircraft, Falco Unmanned Aircraft System and a €6 million contract to provide engineering support for the upgrade of radar systems. “Logistics
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Boosted by an increase in sales, AeroVironment Inc. exceeded analyst estimates and reported $6.6 million in second-quarter profit, a large increase over the same period a year ago. The company posted $6.6 million in net income, or 30 cents a share, on Tuesday for the quarter ended Oct.
Business News
Elbit Systems of America, LLC, announced that it purchased from General Dynamics Armament and Technical Products its holdings in UAS Dynamics, LLC, a joint venture established by Elbit and General Dynamics to provide UAS to the U.S. market, thus making Elbit Systems of America the sole owner of UAS