General Atomics Aeronautical Systems Inc., Poway, California, has been awarded a $21,547,240 modification (P00004) to cost-plus-fixed-fee contract HR001123C0016 to exercise Option One of the Liberty Lifter program. Continue reading
Category Archives: Business News
Leonardo Joins Board of Cargo Drone Startup FlyingBasket
Leonardo, an international company in the defense, aerospace and security sectors, has completed in recent days-through the exercise of an option stipulated in 2021 and linked to the achievement of pre-established objectives-its entry into FlyingBasket‘s capital and the appointment of a member to the Board of Directors by co-option.
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Northrop Grumman Gets $20M US Navy MQ-8C Upgrade Contract
Northrop Grumman Corp., Aeronautics Systems, San Diego, California, is awarded a $19,911,142 cost-plus-fixed-fee order (N0001923F0294) against a previously issued basic ordering agreement (N0001920G0005). Continue reading
Hungary Orders Hero Loitering Munitions from Rheinmetall-UVision
Rheinmetall AG of Düsseldorf has secured an important order from Hungary for Hero Loitering Munitions. Contracts to this effect have now been signed. The munitions are worth a figure in the low three-digit million-euro range. Delivery will begin in 2024 and is scheduled to end in 2025. Continue reading
Lockheed Gets $221M US Army Deal for High-Powered Air Defense Laser Prototype
The US Army has selected at least one company, Lockheed Martin, to develop a new high-energy laser prototype to protect fixed and semi-fixed sites from incoming aerial threats, according to a contract notification. Continue reading
Hush Aerospace Invests $14M to Locate Operations in Tupelo
Unmanned aerial systems designer and manufacturer Hush Aerospace is locating operations in Tupelo. The project represents a corporate investment of $13.975 million and will create 80 jobs. Continue reading
AeroVironment Gets $12M US Army RQ-20B Puma AE3 UAS Contract
AeroVironment Inc., Simi Valley, California, was awarded a $12,051,941 firm-fixed-price contract for RQ-20B Puma AE3 UAS systems. Continue reading
Raytheon Gets 81M DARPA Hypersonic Air-Breathing Weapons Concept Contract
Raytheon in partnership with Northrop Grumman Corporation was awarded a follow-on contract from the Defense Advanced Research Projects Agency (DARPA) to reduce risk for future air breathing hypersonic systems. Under the agreement, the Raytheon-led team will build and fly additional Hypersonic Air-breathing Weapon Concept (HAWC) flight vehicles. Continue reading