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Strat Aero has agreed to acquire Fort Worth, Texas-based unmanned aircraft system manufacturer Aero Kinetics for about $24 million and potential incentive payments. London-based Strat Aero provides aeronautical services to civilian, law enforcement and military customers and made the acquisition to expand its UAS operational and flight t...

TYSONS CORNER, VA, November 2,  2015 — CACI International (NYSE: CACI) CEO Ken Asbury said the company’s new sensor technology works to help counter unauthorized unmanned aerial vehicle operations, ExecutiveBiz reported Friday. The Washington Post reported Thursday the technolog...

Northrop Grumman Corp. (NYSE: NOC) has received an $81 million contract to update the Federal Aviation Administration’s aeronautical information management system. Northrop said Monday that the company will assist FAA in developing automation and information systems in support of the agency’s safety mission and th...

Rolls-Royce has received a potential $36 million contract to upgrade T56 engines onboard the U.S. Air Force’s C-130 transport aircraft. Rollys-Royce said Tuesday it will start deliveries of Series 3.5 engine enhancement kits in December and install those kits onto C-130 planes of the service branch and the U.S. Air National Guard. ...

The Federal Aviation Administration has awarded Science Applications International Corp. (NYSE: SAIC) a potential five-year, $70 million contract to provide professional support services for the FAA’s aviation safety office. SAIC said Wednesday the single-award, firm-fixed-price contract covers program management, technical engineering, operat...

TYSONS CORNER, VA, October 12,  2015 — The Federal Aviation Administration has engaged CACI International (NYSE: CACI) to carry out evaluation work on sensor technology that can be used to track drones, ExecutiveBiz reported Friday. FAA said the assessment exercise is part of the agency’s Pathfinder pr...

TYSONS CORNER, VA September 30, 2015 — Modern Technology Solutions Inc. (Nasdaq: MTSI) has been granted Federal Aviation Administration approval to operate its C-ASTRAL Bramor rTK commercial unmanned aerial system to fly up to 200 feet over land in U.S. civilian airspace, ExecutiveBiz reported Tuesday. MTSI&...