Business News
Boeing and Siemens have announced a strategic alliance for the joint development and marketing of "smart grid" technologies to improve energy access and security for the U.S. Department of Defense (DOD), the largest energy consumer in the federal government. The collaboration centers on providing U.S. military
Business News
AreoHawk is a miniature UAV optimised for acquiring data for processing in photogrammetry software and general purpose imaging. It was developed by Hawkeye UAV, which is headed by two former NZ Army officers, one of whom was head of the Army's unmanned aircraft programme. The other was until
Business News
Boeing announced that it has completed the acquisition of Solutions Made Simple Inc. (SMSi), an information services provider for the U.S. government and the Intelligence Community. Boeing announced its agreement to acquire SMSi in July. SMSi now operates within the Information Solutions division of Boeing's Network &
Business News
ABC News just posted this interview with Steve Gitlin, Director of Marketing Strategy with AeroVironment. In it he delivers a smooth and clear explanation of the use of the company’s unmanned systems and the advantages that they bring to ground forces. Towards the end of the interview, he also
Business News
Mercury Computer Systems, Inc. reported operating results for its fourth quarter and fiscal year 2011 ended June 30, 2011. Fourth quarter fiscal 2011 revenues were $61.2 million, a decrease of $2.4 million from the fourth quarter of the prior fiscal year. Revenues from commercial customers decreased by $8.
Business News
General Dynamics Information Technology and Aurora Flight Sciences, are both being awarded a $45,000,000 maximum cost-plus-fixed indefinite-delivery/indefinite-quantity contract to develop and improve manufacturing processes for all aspects of remotely piloted aircraft. The Air Force Research Laboratory, Detachment 1/PKMT, Wright-Patterson Air Force Base, Ohio, is the contracting
Business News
Kratos Defense & Security Solutions, Inc. a National Security Solutions provider, today announced the completion of its acquisition of Integral Systems, Inc. . Kratos completed the acquisition through a reverse merger of a wholly owned subsidiary with and into Integral Systems. As a result of the merger, each outstanding share of
Business News
Northrop Grumman Corporation reported sales for the second quarter decreased 9.6% to $6.56 billion, from $7.26 billion in the same quarter a year ago. The results reflect the impact of lower U.S. Department of Defense (DoD) investment outlays including announced force reductions in overseas contingency operations.
Propulsion
Goodrich Corporation and Currawong Engineering Pty Ltd. of Tasmania, Australia, have announced a joint distribution agreement for technology developed for small gasoline and heavy fuel UAS engines. Goodrich will become a worldwide distributor for the marketing, selling and integration of Currawong's high efficiency Electronic Fuel Injection (EFI) technology
Business News
Two of Israel’s defence suppliers– Rafael Advanced Defense Systems and Aeronautics - will acquire the ownership in Controp Precision Technologies for an estimated amount of about $90 million. Aeronautics already owns 18 percent of Controp’s stocks and following the current transaction will obtain 50% of its shares. Rafael
Business News
Elbit Systems Ltd. announced that it was awarded a $40 million order by the Israel Ministry of Defence for the follow-on Digital Army Programme (DAP). The Hermes and Skylark UAS form an integral part of the programme, integrated into a comprehensive net-centric solution. The total value of this phase of
Business News
Boeing announced an agreement to acquire Solutions Made Simple Inc. (SMSi), an information services provider for the U.S. government and the Intelligence Community. Known for its Twister data integration framework products, SMSi's technology allows users to easily extract, share and query information stored in an unlimited number