Business
Northrop Grumman Systems Corp., San Diego, California, has been awarded a $4,800,000,000 indefinite-delivery/indefinite-quantity contract for Global Hawk development, modernization, retrofit and sustainment activities for all Air Force Global Hawk variants. This contract provides for management, including program, business and technical areas; engineering efforts, including configuration management,
Business
Northrop Grumman Systems Corp., San Diego, California, has been awarded a $4,800,000,000 indefinite-delivery/indefinite-quantity contract for Global Hawk development, modernization, retrofit and sustainment activities for all Air Force Global Hawk variants. This contract provides for management, including program, business and technical areas; engineering efforts, including configuration management,
Business
Ukraine is forming a joint venture company with Turkey to domestically produce as many as 48 Bayraktar TB2 combat drones. The news came from Vadym Ihorovych, General Director of Ukrspetsexport, a state-owned Ukrainian defense manufacturer, in an interview with online publication Left Bank. Bayraktar TB2 is manufactured by Turkey’s
Business
Ukraine is forming a joint venture company with Turkey to domestically produce as many as 48 Bayraktar TB2 combat drones. The news came from Vadym Ihorovych, General Director of Ukrspetsexport, a state-owned Ukrainian defense manufacturer, in an interview with online publication Left Bank. Bayraktar TB2 is manufactured by Turkey’s
Business
Percepto, a supplier of autonomous inspections by industrial robotics, has announced a strategic investment of $45 million in Series B funding led by Koch Disruptive Technologies (KDT)
Construction
Percepto, a supplier of autonomous inspections by industrial robotics, has announced a strategic investment of $45 million in Series B funding led by Koch Disruptive Technologies (KDT)
Business
Terra Drone Corporation has completed its investment on Slovenia-based drone manufacturer and integrator, C-Astral Aerospace. C-Astral specializes in the manufacturing high-productivity and high-endurance fixed-wing small unmanned aircraft systems (UAS), with a global portfolio of more than 10 years in the commercial, surveying, military and security markets. Toru Tokushige, CEO of
Commercial
Terra Drone Corporation has completed its investment on Slovenia-based drone manufacturer and integrator, C-Astral Aerospace. C-Astral specializes in the manufacturing high-productivity and high-endurance fixed-wing small unmanned aircraft systems (UAS), with a global portfolio of more than 10 years in the commercial, surveying, military and security markets. Toru Tokushige, CEO of
AI
General Atomics Aeronautical Systems Inc., Poway, California, was awarded a $93,293,554 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for research, development, test and evaluation of artificial intelligence for the smart sensor prototype unmanned aerial platform. Bids were solicited via the internet with 999 received. Work will be performed in Poway,
Business
General Atomics Aeronautical Systems Inc., Poway, California, was awarded a $93,293,554 hybrid (cost-plus-fixed-fee and firm-fixed-price) contract for research, development, test and evaluation of artificial intelligence for the smart sensor prototype unmanned aerial platform. Bids were solicited via the internet with 999 received. Work will be performed in Poway,
Business
Kratos Defense & Security Solutions, Inc. announced that it has acquired 5-D Systems, Inc., a CMMI Level 3 Systems and Software Engineering company with facilities in the Austin, Texas area and in Huntsville, Alabama. 5-D is well-known in the defense/aerospace industry for its more than 20 years of experience
Business
Kratos Defense & Security Solutions, Inc. announced that it has acquired 5-D Systems, Inc., a CMMI Level 3 Systems and Software Engineering company with facilities in the Austin, Texas area and in Huntsville, Alabama. 5-D is well-known in the defense/aerospace industry for its more than 20 years of experience