Author: Mary-Louise Hoffman|| Date Published: September 13, 2019
BAE Systems has agreed to purchase U.K.-based aerospace technology developer Prismatic for an undisclosed sum in the British defense contractor’s strategy to push the boundaries of air and space innovation.
The deal comes 15 months after both companies unveiled a partnership on the PHASA-35 unmanned air vehicle, a high-altitude long endurance aircraft designed to operate using battery and solar cells, BAE said Tuesday.
An Integration test on two PHASA-35 prototypes is underway at BAE’s facility in Warton, England, and flight trials are scheduled to occur in early 2020.
Nigel Whitehead, chief technology officer of BAE, said the investment in Prismatic is a step toward advancing the UAV technology into production.
He added the aircraft has the potential to reach operational status with customers within one year of flight tests.
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
