Business
The Board of Directors of Thales met on March 6 to close the financial statements for 2011. Group Chairman and CEO Luc Vigneron commented: "Although the economic environment worsened more markedly than expected, particularly in defence, our order intake increased and our revenues held up well. A marked upturn
Business
AeroVironment, Inc. just reported financial results for its third quarter ending January 28, 2012. "As of the third quarter of fiscal year 2012 our revenue is up 15% and diluted earnings per share have grown by 50% compared to the same point last fiscal year," said Tim Conver,
Military
US Special Forces Command (SOCOM) selected the AAI Aerosonde to provide intelligence, surveillance and reconnaissance (ISR) services. The mid-endurance unmanned air systems (MEUAS) award, worth up to $600 million over time, will see AAI operate and maintain the small unmanned aircraft on SOCOM's behalf. Textron, AAI'
Business
The US Air Force has awarded General Atomics Aeronautical Systems a $38.4 million contract for unmanned aircraft, the Defense Department announced last week. The contract is for two MQ-9 Reapers and two aircraft containers to be used for transport, Air Force officials said. Work is scheduled to be
Business
General Atomics Aeronautical Systems, Inc., Poway, California, is being awarded a $16,870,978 cost-plus-fixed-fee contract for contractor logistics support for the Italian Air Force MQ-9 Reaper. The locations of the performances are Poway, Calif., and Amendola, Italy. Work is expected to be completed by May
Business
Insitu IntegratorAAI, Boeing and a Computer Sciences Corp (CSC)/Saab team were selected by the US Navy today to compete for task orders for services provided by unmanned aircraft systems worth up to $874 million. While the Navy did not reveal the selected aircraft, AAI offered the latest version of
Business
The Netherlands has launched the process to acquire a medium-altitude, long-endurance unmanned aircraft system capability later this decade, with its defence ministry seeking information from potential suppliers. With an operational system planned to enter use in the 2015-2016 financial year, the Netherlands Defence Material Organisation (DMO) has
Business
SAGEM has signed a contract with SIMMAD, the Maintenance Organisation of the French Ministry of Defence, to provide in-service maintenance for the Sperwer tactical unmanned aircraft system deployed by the French Army. The contract covers all maintenance, repair and technical support services for systems in service with the army
Propulsion
Singapore Technologies Aerospace Ltd (ST Aerospace) and Cosworth Group (Cosworth) have signed a Memorandum of Understanding to jointly develop heavy fuel engine systems for unmanned systems customers in the Asia Pacific markets. The technical alliance will leverage ST Aerospace’s expertise in propulsion-to-airframe integration and operator HMI requirements,
Business
Israeli defence officials on February 26 confirmed a deal to sell Azerbaijan UAS, anti-aircraft, and missile defence systems for some $1.6 billion. Azerbaijan's contract is with the state-run Israel Aerospace Industries. Israeli defence officials, speaking under condition of anonymity, said the deal had been in
Business
Icaros Inc and Mavinci have established an agreement whereby the Icaros process service will be added to the portfolio of MAVinci's post processing solutions. Any Mavinci customer will be able to upload Images into Icaros’ server for Orthophoto and DTM extraction, directly from Mavinci desktop application, creating easy
Business
Tactical ISR Technology just published this short interview with Steven Reid, Senior Vice President and General Manager, AAI Unmanned Aicraft Systems. Q: How does AAI Unmanned Aircraft Systems differentiate itself in such a competitive industry? A: Our heritage is full-service UAS design, manufacturing and support. That system integrator and