AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems, and Arcturus UAV, Inc., a privately-held leading provider of Group 2 and 3 unmanned aircraft systems (UAS) and services, today announced that they have entered into a definitive agreement under which AeroVironment will acquire Arcturus UAV for a total purchase price of $405 million, including $355 … [Read more...] about AeroVironment to Acquire Arcturus UAV, Expanding Product Portfolio and Reach into Group 2 and 3 Unmanned Aircraft Systems Segments
Israel Aerospace delivers radar systems for US Army tanks
Israel Aerospace delivers radar systems for US Army tanks – https://t.co/3LqOY0KgGM— GlobesEnglish (@GlobesEnglish) January 11, 2021 … [Read more...] about Israel Aerospace delivers radar systems for US Army tanks
Saab signs contract on MuMNS for Franco-British Maritime Mine Counter Measures (MMCM) programme
Saab has received the first order from prime contractor Thales, acting as System Integrator of the end to end solution, for the Multi-Shot Mine Neutralisation System (MuMNS). The order value is approximately 300 MSEK and deliveries of the first systems will take place in 2022. The order received from Thales is part of the Franco-British Maritime Mine Counter Measures (MMCM) … [Read more...] about Saab signs contract on MuMNS for Franco-British Maritime Mine Counter Measures (MMCM) programme
Pentagon and Lockheed Martin Agree to $1.28B F-35 Sustainment Contract
Continue to Improve Readiness and Support the Warfighter The F-35 Joint Program Office awarded the Lockheed Martin (NYSE: LMT) industry team a $1.28 billion Undefinitized Contract Action (UCA) to support operations and sustainment of the global F-35 fleet through June 30, 2021. "This contract ensures F-35s remain ready to fly and accomplish the warfighter's mission," said … [Read more...] about Pentagon and Lockheed Martin Agree to $1.28B F-35 Sustainment Contract
Elbit Systems Awarded $24 Million Contract to Supply Tactical Computers for the Royal Netherlands Army
Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or "the Company") announced today that it was awarded an approximately $24 million contract from the Dutch Ministry of Defence ("Dutch MOD") to supply the Royal Netherlands Army ("RNLA") with new vehicular tactical computers. The contract will be performed over a 30-months period. Elbit Systems will equip … [Read more...] about Elbit Systems Awarded $24 Million Contract to Supply Tactical Computers for the Royal Netherlands Army