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June 8, 2017

Deals this week: AeroVironment, Northrop Grumman, COTESA

AeroVironment Inc has won a $36.5m-worth contract to supply Wasp AE micro air vehicle for the Australian Defence Force for a period of three years.

AeroVironment Inc has won a $36.5m-worth contract to supply Wasp AE micro air vehicle for the Australian Defence Force for a period of three years.

The contractor will also provide training and logistics support to the Australian Defence Force for ten years.

The air vehicles to be supplied under the contract will be modified to meet the Australian military needs.

Northrop Grumman Corporation has awarded a five-year contract worth $90m to Orbital ATK Inc to supply composite structures for the B-2 Spirit stealth bomber.

As part of the agreement, Orbital ATK will provide non-recurring engineering and manufacture composite components for the B-2 Spirit aircraft.

COTESA GmbH has been selected by The Boeing Company to manufacture and deliver key components for the CH-47 Chinook multi-mission helicopter fleet.

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"The APG-83 active electronically scanned array radar will equip 72 F-16 aircraft operated by the US Air National Guard to provide homeland defence capability."

The company will produce assemblies for the Chinook’s tunnel cover section for a period of five years.

Northrop Grumman APG-83 scalable agile beam radar has been selected by the US Air Force for the F-16 aircraft radar modernisation.

The APG-83 active electronically scanned array radar will equip 72 F-16 aircraft operated by the US Air National Guard to provide homeland defence capability.

US-based WhiteFox Defense Technologies Inc has received $750,000 from Serra Ventures, LLC in venture capital financing.

WhiteFox Defense is engaged in providing drone threat mitigation solutions for defence and security organisations.

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