Tag Archives: unmanned aircraft system

AeroVironment to Buy Arcturus UAV in $405M Cash-Stock Deal; Wahid Nawabi Quoted

Wahid Nawabi President and CEO AeroVironment

Unmanned aircraft system manufacturing company AeroVironment (Nasdaq: AVAV) has agreed to acquire Arcturus UAV in a cash-and-stock transaction valued at approximately $405M as part of efforts to expand into adjacent segments and broaden UAS portfolio and customer footprint. “We are excited about the opportunities for value creation through our acquisition of Arcturus UAV, which will enable us to accelerate our growth strategy and expand our reach into the more valuable Group 2 and 3 UAS segments,” said Wahid Nawabi, president and CEO of AeroVironment.

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GSA to Remove Non-Defense Innovation Unit-Approved Drones From Multiple Award Schedules

Drone

The General Services Administration will remove from Multiple Award Schedules contracts unmanned aircraft systems and other drones to address potential security risks associated with the use of such devices. The decision does not cover drones approved by the Defense Innovation Unit under the Blue sUAS program, which seeks to provide the Department of Defense and federal agencies with trusted and secure small drones.

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Army Needs Industry Input on ISR Payloads for MQ-1C Unmanned Aircraft

MQ-1C Gray Eagle General Atomics

The U.S. Army seeks market information on payloads for aerial intelligence, surveillance and reconnaissance that would support the MQ-1C Gray Eagle's joint all-domain operations. The service branch said Wednesday in a SAM notice it needs to identify market sources of synthetic aperture radar, moving target indicator, electronic intelligence and other AISR payloads for the Gray Eagle.

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Army Awards 10 OTAs for Military Helicopter ‘Air Launched Effects’ Family of Systems

ALTIUS demo

The U.S. Army’s aviation and missile technology consortium has awarded $29.8M in other transaction agreements to 10 projects with the goal of building a family of systems designed to provide mission effects for the branch's Future Vertical Lift helicopter program.

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