Business
The Board of Directors of Dassault, chaired by Mr. Charles EDELSTENNE, last week closed the financial statements for the year 2011. These consolidated financial statements were certified by the Statutory Auditors who expressed an unqualified opinion. Order intake 36 FALCON compared to - 9 in 2010 MIRAGE 2000 upgrade contract
Business
The Spanish Government approved last Friday, March 16th a plan to restructure the public sector, which affected 49 companies, including INSA (Ingeniería y Servicios Aerospaciales S.A.). The company that belongs to the Ministry of Defence, was founded in 1992. According to that plan, INSA’s activities, employees and assets
Business
EADS company Cassidian confirms that it has halted work on the Talarion unmanned aircraft system programme, after failing to secure financial backing from potential future buyers. "Cassidian said several times during the last few months that we will only continue to invest in the Talarion programme if we would
Military
Insitu announced yesterday that it has signed a contract to deliver its ScanEagle unmanned aircraft systems (UAS) to the Netherlands to provide intelligence, surveillance and reconnaissance (ISR) for the Ministry of Defense (MOD). The Netherlands will use ScanEagle with the MOD both domestically and abroad. “We’re excited to be
Business
When Elbit Systems announced a $50 million sale “to supply Hermes 900 Unmanned Aircraft Systems (UAS) to a governmental office of a country in the Americas” on Jan. 3,there was speculation that Colombia was the buyer. The contract called for “systems such as the Universal Ground Control Stations (UGCS)
Commercial
Russian military aircraft manufacturer Irkut has signed a contract with Vietnam to build a small unmanned aircraft for the Southeast Asian country, Izvestia daily reported last week. The $10 million deal, with Vietnam Aerospace Association (VASA), was signed last week, Yury Malov, head of the Irkut Engineering, Irkut's
Business
The US Air Force has not formally cancelled the Block 30 version of the RQ-4B Global Hawk unmanned reconnaissance aircraft, a top Northrop Grumman executive says. "We haven't been cancelled today," says Jim Palmer, the company's Chief Financial Officer, speaking at J.P. Morgan&
Business
AAI Corp., Hunt Valley, Md., was awarded an $180,900,000 cost-plus-incentive-fee contract. The award will provide for the sustainment services in support of the RQ-7B Shadow unmanned aircraft systems. Work will be performed in Hunt Valley, Md., Afghanistan and Australia with an estimated completion date of Oct. 31, 2012.
Business
Avio Group and MTU Aero Engine GmbH have signed a Letter of Intent (LoI) to jointly explore and identify opportunities related to the propulsion system of Medium Altitude Long Endurance (MALE) Unmanned Aircraft Systems (UAS) and Unmanned Combat Aerial Vehicles (UCAV). The LoI follows the cooperation MoU of the defense
Business
Turkey announced that it has sold 10 Bayraktar small UAS to Qatar as part of its effort to boost defense industry exports to Islamic states. The small unmanned aircraft systems (sUAS) were exported under a general agreement made during the International Defense Fair (IDEF), which convened in Istanbul May 2011,
Business
Chris Pehrson is director of strategic development for General Atomics Aeronautical Systems, Inc. He recently spoke with ExecutiveBiz, outlining how a successful acquisition process works and potential applications on the horizon for unmanned aircraft. The 24-year Air Force veteran is responsible for the company’s acquisition strategies and for promoting
Military
AeroVironment, Inc. has announced it received a new $11,095,872 cost-plus-fixed-fee sole source contract award on March 1, 2012 from the United States Army. The order comprises Army, Marine Corps and Foreign Military Sales contractor logistics support for Raven systems. The logistics support services are scheduled to be delivered