Tag Archives: drone

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

Northrop Grumman (NYSE: NOC) received a one-year, $163.6M contract to provide a range of support services for the U.S. Army’s fleet of MQ5B Hunter drones. The company will help the military branch operate, engineer, reconfigure and maintain the unmanned aerial systems as part of the cost-plus-fixed-fee award, the Department of …

McAleese & Associates has released a report on a speech by Will Roper, assistant secretary of the Air Force for acquisition, technology and logistics, at the Defense Program Conference held Wednesday in Washington, D.C. Roper said the service is accelerating work on hypersonics and noted about Lockheed Martin’s (NYSE: LMT) …

Northrop Grumman (NYSE: NOC) will provide engineering and sustainment services for the U.S. Navy’s MQ-4C Triton unmanned aircraft systems under a potential one-year, $89.5M cost-plus-fixed-fee contract. The company will provide field service representatives, test support staff and logistics personnel for the sustainment of Triton vehicles, operator training systems and mission …

Kratos Defense and Security Solutions (Nasdaq: KTOS) has acquired a controlling interest in Florida Turbine Technologies for $60M in cash and stock and formed a new business unit as a result of the transaction. FTT will operate as part of the newly created Kratos Turbine Technologies division, which will focus on the …

TYSONS CORNER, VA, December 7, 2018 — Intel (Nasdaq: INTC) has worked with the Kentucky Transportation Cabinet and the Minnesota Department of Transportation on separate projects that leveraged automated drone technology to perform bridge inspections, ExecutiveBiz reported Thursday. The company said Wednesday its Falcon 8+ drone assisted the Kentucky agency and …

TYSONS CORNER, VA, November 1, 2018 — SAP National Security Services has partnered with Drone Aviation to integrate a drone-based video capture application into the former’s intelligence, surveillance and reconnaissance technologies, ExecutiveBiz reported Wednesday. Drone Aviation said Tuesday SAP NS2’s on-premise and cloud-based ISR platforms featuring “sense making” machine learning functions, combined …

TYSONS CORNER, VA, September 24, 2018 — Lockheed Martin (NYSE: LMT) is exploring multiple concepts for an aerial refueling plane as the company looks to bid on the U.S. Air Force‘s KC-Z tanker aircraft program, ExecutiveBiz reported Friday. The Drive reported Thursday that Lockheed is preparing proposals to offer hybrid-wing and …

TYSONS CORNER, VA, September 7, 2018 — Lockheed Martin (NYSE: LMT) has partnered with the Drone Racing League to establish a competition focused on utilizing artificial intelligence to operate an unmanned aircraft system, ExecutiveBiz reported Thursday. The company said Wednesday participants in the $2M AlphaPilot Innovation Challenge will be tasked to develop an …

Boeing (NYSE: BA) will build four MQ-25 Stingray carrier-based drones for the U.S. Navy under a potential six-year, $805.3M engineering and manufacturing development contract. “As a company, we made an investment in both our team and in an unmanned aircraft system that meets the U.S. Navy’s refueling requirements,” Leanne Caret, president and CEO of Boeing’s …