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Austrian company Aerie has announced its first VTOL Long Endurance unmanned aircraft system, the Swift. The Company intends to fill the gap in the market for Long Endurance VTOL intelligent Aircraft, starting with the Swift which has an endurance of 24 hours. “We have studied the market for years. There
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General Atomics Aeronautical Systems, Inc., Poway, Calif., was awarded a $68,961,778 cost-plus-incentive-fee contract. The award will provide for the acquisition of universal ground control stations and universal ground data terminals. Work will be performed in Poway, Calif., with an estimated completion date of July 31, 2013. One bid
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AeroVironment, Inc. announced that it received a $15,909,962 cost-plus-fixed-fee contract order on September 1, 2011, under an existing contract with the US Army. The order comprises Army contractor logistics support for Raven systems. The logistics support services are scheduled to be delivered within the next several months. "
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Northrop Grumman Corp's chief executive on Wednesday praised a US export-control streamline effort, only weeks after voicing fears that existing curbs could doom the fledgling US industry making unmanned aircraft. "I like what I see, I give a lot of credit to the US It's
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Elbit Systems Ltd. announced that its Brazilian subsidiary AEL Sistemas S.A. signed several related agreements with Embraer Defesa e Segurança S.A., a subsidiary of Embraer S.A. Under the agreements, the parties established a joint company, Harpia Sistemas S.A , in which Embraer Defesa owns 51% and AEL
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AeroVironment has just reported its fiscal first-quarter results. The firm saw revenue climb 62% year over year to $62 million, driven by a 56% increase in its core UAS segment and a 105% growth in the smaller efficient energy systems business. This latter segment jumped to 16% of quarterly revenue
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Kratos Defense & Security Solutions, Inc. has announced that it has received new contract awards totalling $4.2 million for certain Unmanned Aircraft System programme related equipment. Under the contract awards, Kratos will design, engineer, manufacture and deliver specialised equipment to support this mission critical National Security programme. This specialised
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A company that manufactures unmanned aircraft is hovering over the Oroville Municipal Airport. If the city of Oroville, California, economic development team is successful, AirCover Integrated Solutions will land at the airport and make miniature unmanned aircraft. The company's unmanned helicopter can be used for anything from military
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Northrop Grumman Corp. will cut 500 workers in its Aerospace Systems sector through a combination of voluntary and involuntary layoffs, it was announced last week. “This action is being taken because of defence budget uncertainties and pressures on current and projected business,” the company said in a statement. “We must
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The INSYS group has developed a new corporate image for its avionics division. All products and services for the aerospace industry are now marketed under the name INSYS aero. The division gets a new logo and a new website. “Communication and security are essential factors in the aerospace and defense
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AME Unmanned Systems, a ChandlerMay, Inc. company, and AAI Unmanned Aircraft Systems, an operating unit of Textron Systems, a Textron Inc. company, announced that the two companies have entered into a strategic alliance agreement regarding unmanned systems development. “AAI and ChandlerMay have enjoyed a long, successful working relationship for several
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Simlat Ltd. has announced the establishment of a partnership with General Dynamics Information Technology, an IT and training service provider. Through the partnership, Simlat will offer its UAS training & simulation systems, which support various platforms and payloads and have been implemented in more than 20 countries across the globe.