Tag Archives: drone

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 …

TYSONS CORNER, VA, July 25, 2018 — A General Atomics business unit has completed tests on the performance of an arresting hook that it built with Fokker for a proposed U.S. Navy unmanned aerial refueling aircraft under the MQ-25 Stingray program, ExecutiveBiz reported Tuesday. General Atomics Aeronautical Systems Inc. and Fokker worked to verify …

TYSONS CORNER, VA, July 18, 2018 — Kratos Defense and Security Solutions (Nasdaq: KTOS) anticipates an order for 60 BQM-177A unmanned subsonic aerial targets from Naval Air Systems Command for delivery between the second quarter of fiscal year 2020 and the second quarter of the following year, ExecutiveBiz reported Tuesday. The company said Tuesday NAVAIR …

TYSONS CORNER, VA, June 8, 2018 — Boeing’s (NYSE: BA) venture capital arm has invested in Kittyhawk to support the development of the San Francisco-based startup’s mobile applications and enterprise software offerings, ExecutiveBiz reported Thursday. Boeing said Wednesday HorizonX Ventures joined Bonfire Ventures and Freestyle Capital in a seed funding round …

TYSONS CORNER, VA, June 7, 2018 — PAE ISR has tapped Sagetech to provide a transponder system for integration into the former’s Resolute Eagle unmanned aircraft system, ExecutiveBiz reported Wednesday. Sagetech said Tuesday its MX12A and MXS transponders will be integrated to the Resolute Eagle UAS platform developed by the PAE–American …

TYSONS CORNER, VA, May 4, 2018 — General Atomics has received clearance from the Defense Department to sell its armed Predator B unmanned aerial vehicles to India following a previous approval for the country’s purchase of the Guardian drone for maritime surveillance, ExecutiveBiz reported Thursday. The decision to push the sale forward was …

TYSONS CORNER, VA, April 18, 2018 — A business unit of General Atomics has conducted a demonstration of flight deck taxi and launch-and-recovery operations aboard an aircraft carrier using the Predator C Avenger unmanned aerial vehicle in support of the company’s bid on the U.S. Navy‘s MQ-25 Stingray carrier-based tanker drone program, ExecutiveBiz …

TYSONS CORNER, VA, April 11, 2018 — Lockheed Martin (NYSE: LMT) has announced that General Electric (NYSE: GE), United Technologies Corp. (NYSE: UTX) and Triumph Aerostructures will help on its proposed offering for the U.S. Navy’s MQ-25 carrier-based aerial tanker drone program, ExecutiveBiz reported Tuesday. GE and United Technologies will respectively provide …

The State Department has given Germany the green light to procure four Northrop Grumman-built (NYSE: NOC) MQ-4C Triton unmanned aircraft systems from the U.S. government through a potential $2.5 billion foreign military sales agreement. Northrop and Airbus’ defense and space business will serve as prime contractors in the proposed FMS …