Business
Nostromo Defensa, an Argentinean UAS company, and the Israeli based Innocon have signed a MoU to work together on the development of new UAS solutions for Argentinean and the South American market. The companies believe that the cooperation between Nostromo Defensa knowledge and experience with UAS development and manufacturing and
Military
Cassidian has suggested an alternative funding proposal to France, Germany and Spain for its Talarion unmanned air system. Budget approval for an estimated €3 billion ($4.2 billion) for development and production is two years behind schedule. Cuts in defence spending among European governments mean that getting a green light
Business
Aviation Capital Enterprises, Inc. of Canada has entered into an exclusive contractual agreement with Lockheed Martin to design, develop, build, flight test and Federal Aviation Administration certify a family of hybrid airship. Based on Lockheed Martin's P-791, a fully functional manned flight demonstrator, the commercial 20 ton
Business
The Commercial Service of the US Embassy in Tel Aviv and Airlift Inc. are jointly organizing an International Unmanned Systems trade mission to Israel from March 27 – April 1. The event is sponsored by IAI, Rafael, Aeronautics, Bluebird, Simlat, and Urban Aeronautics and features visits to these companies, individual B2B
Military
BAE Systems and Dassault Aviation announced that they have signed a memorandum of understanding (MoU) to collaborate on the design, development, production and support of a medium altitude long endurance (MALE) unmanned aircraft system for the UK and French defence ministries. The two companies will prepare and submit a joint
Business
A survey by job seekers web-site Indeed revealed that in the USA, the average annual salary of a UAS Operator, or Remotely Piloted Aircraft Pilot, was $103,000 – somewhat greater than the average of $80,000 it found for Aircraft Pilots. For full results click here. Meanwhile, we came
Business
WinterGreen Research announces that it has a new study on homeland security unmanned aircraft systems . Markets valued at $84 million in 2010 are forecast to reach $2.3 billion dollars, worldwide by 2017. The 2011 study has 672 pages and 216 tables and figures. Homeland_UAS_Abstract.pdf Worldwide markets
Business
UAS has been the most dynamic growth sector of the world aerospace industry this decade, according to a report just issued by the Teal Group. The 2011 market study estimates that UAS spending will almost double over the next decade from current worldwide UAS expenditures of $5.9 billion annually
Business
Elbit Systems Ltd. announced yesterday that it has reached an agreement to acquire the remaining 30% of the shares of Elisra Electronic Systems Ltd. held by Elta Systems Ltd.(a subsidiary of Israel Aerospace Industries Ltd.) for $67.5 million. Elbit Systems currently owns 70% of Elisra’s shares, and
Business
AnsuR, an Oslo, Norway-based supplier of small unmanned aerial vehicles, has announced its acquisition of Scandicraft, another Norwegian company that develops and markets microdrones for surveillance and security purposes. AnsuR BirdEye, a new company wholly-owned by AnsuR, will continue Scandicraft’s development work, in conjunction with AnsuR’s
Business
BAE Systems has just announced its year end results for 2010 returning to a net profit, but warning of the impact of defence budget cuts in Britain and the United States. Earnings after tax hit £1.05 billion ($1.69 billion, €1.25 billion) last year, compared with a net
Business
Indian engineering major Larsen & Toubro has formed a 74/26 Joint Venture with Cassidian, for defence electronics. The JV, based in Talegaon and Bangalore where L&T has its defence facilities, will cover manufacturing, design, engineering, distribution and marketing in the fields of electronic warfare, radars, avionics and