Business
Northrop Grumman Corporation reported that first quarter 2011 earnings from continuing operations increased to $496 million, from $410 million in the first quarter of 2010. Details for the Aerospace Systems division : Aerospace Systems ($ millions) First Quarter 2011 2010 % Change Sales $ 2,736 $ 2,696 1.5% Operating income
Business
Position Partners, the Australian Distributor of the Gatewing X100 will be showcasing the system at Melbourne, Brisbane, Perth and Hunter Valley from 23rd May to 3rd June. Here is the pitch: The Gatewing X100 allows you to map what you need, when you need it. With its lightweight, compact yet
Business
Insitu Pacific announced recently that it will be the new Australian distributor of iRobot Corporation's line of unmanned ground vehicles . The new relationship will simplify logistics and training for Australian and New Zealand customers seeking to acquire and operate the operationally proven UGVs provided by iRobot's
Business
The average cost for one of Northrop Grumman’s Global Hawk has risen more than 25 percent because the U.S. Air Force cut the order by about 14 percent in its 2012 budget request. After reviewing the $11.1 billion Global Hawk programme last year, the Air Force said
Business
Embraer Defense and Security and AEL Sistemas, a subsidiary of Elbit Systems Ltd announced in LAAD 2011 in Rio de Janeiro, the signature of a strategic agreement envisaging the evaluation of joint exploration of UAS, including the potential creation of a company with majority participation of Embraer Defense and Security
Business
Z Microsystems, a leading provider of mission-ready computing systems, announced that it has acquired the intellectual property and product development team of Enhanced Video Devices (EVD), a developer of image enhancement technology. With this acquisition, Z Microsystems gains vital intellectual property and engineering talent in video image enhancement and
Business
Elbit Systems Ltd. announced yesterday, that it has filed a lawsuit in the High Court of Justice of the United Kingdom against the Government of Georgia for an amount of approximately $100 million. The lawsuit was filed as a result of the Georgia's failure to pay amounts due
Business
Imint (Sweden) has announced the appointment of three new distribution partners, to handle an increased international interest in the Imint product line, and to further accelerate global expansion. The new partners; Danish Aviation Systems, Golan Security & Consulting, and J&E Systech Co., will promote and sell Imint’s
Business
Mr. John Purvis has been named President and CEO of AME Unmanned Air Systems (formerly AeroMech Engineering, Inc.). He succeeds Mr. Jay McConville, who will now serve as AME UAS’s Chairman of the Board and as an Executive Vice President at ChandlerMay. These changes were announced by Mr. Jesse
Business
Aversano Aircraft in Florida has been quietly developing an aircraft which it claims is “a whole new design, theory and all new technology for UAS performance, manoeuvrability and payload.” The Defender airframe is tried and tested and the company is now looking for partners who need a base for a
Business
The South Korean defence ministry’s decision to purchase Israeli-made UAS will depend on whether the Israeli air force selects the Korea Aerospace Industries /Lockheed Martin T-50 as its new advanced jet trainer. South Korea's military has been evaluating several Israeli unmanned aircraft systems in recent
Business
General Atomics Aeronautical Systems, Inc. announced yesterday that General Atomics Aeronautical Systems UK Ltd (GA-UK), an affiliated entity, has been established with an office in London. The office will be managed by Dr. Jonny King. “We are pleased that the London office will provide dedicated support for the Ministry