AeroVironment has purchased Lawrence, Kan.-based Pulse Aerospace for $25.7M in cash to expand its line of small unmanned aircraft systems.

TYSONS CORNER, VA, May 9, 2019 — Kratos Defense and Security Solutions (Nasdaq: KTOS) is working with Aerovironment to demonstrate an unmanned aircraft system in which a small tube-launched drone can be deployed from another that is larger and runway-independent to operate across multiple domains in near-peer, denied environments, ExecutiveBiz …

Teresa Covington,  who held the interim chief financial officer role between Feb. 5, 2015 and July 7, 2015 at AeroVironment (Nasdaq: AVAV), has been appointed CFO on a full-time basis at the unmanned aircraft systems manufacturer. AeroVironment said Tuesday Covington will succeed Raymond Cook, who will resign as senior vice president and CFO on Feb. …

AeroVironment‘s board of directors has chosen Chief Operating Officer and President Wahid Nawabi to succeed Tim Conver as CEO of the Simi Valley, California-based unmanned aircraft systems maker from May 2. Conver, who has led the company since 1992, will continue to serve as chairman of the board after he retires from the …

Wahid Nawabi, chief operating officer at AeroVironment (Nasdaq: AVAV), will assume additional duties as president of the company. Nawabi previously served as senior vice president and general manager of the company’s efficient energy systems business segment, with responsibility in business strategy and new product launch, AeroVironment said Friday. “As president and …

The U.S. Army has awarded AeroVironment an $18.5 million foreign military sales contract to manufacture small unmanned aerial vehicles for seven U.S. partner nations. AeroVironment said Tuesday it will deliver an undisclosed number of RQ-11B Raven drones as well as spares and logistics support services under the firm-fixed-price contract. Raven …

The Defense Advanced Research Projects Agency (DARPA) announce on Monday that Northrop Grumman and AeroVironment have been selected to design a new unmanned air system to launch and recover from small ships. The contract was awarded for the second phase of the Tern program, a joint effort between Defense Advanced Research Projects Agency …

AeroVironment (NASDAQ: AVAV) has been awarded a $21, 779, 408 firm-fixed-price contract to provide small unmanned aerial systems and spare parts to the U.S. Marine Corps. USMC ordered an unspecified number of the company’s RQ-12 Wasp AE drone and the company expects to complete deliveries within one year, AeroVironment said …

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup July 9 – July 13, 2018 Click here to see Real-Time GovCon Sector Quotes   Executive Mosaic’s Weekly GovCon Round-Up:  $400M+ July Contracts & Top 10 Stories Jim Garrettson, Executive Mosaic CEO Who Says Summer is Slow? $400M+ …

Seven companies have won spots on a potential five-year, $248.5 million contract to provide multiple unmanned aircraft systems to the U.S. Army. The Defense Department said Wednesday contractors will compete for task orders covering long-range reconnaissance surveillance and medium-range mobile UAS; a government-owned tactical open architecture controller system; and spare and repair parts. …