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Business

June 19, 2014

Elbit Systems Selected as Preferred Supplier for Swiss UAS Program

HAIFA, Israel, June 8, 2014—Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was selected by the Swiss Federal Department of Defence, Civil Protection and Sport ("DDPS"), as the preferred supplier for the UAS 15 new reconnaissance drone program. Please see following official DDPS press release for further information about the

June 19, 2014

Hexagon Acquires North West Geomatics

STOCKHOLM, June 11, 2014—Hexagon AB, a leading global provider of design, measurement and visualisation technologies, has acquired the remaining 90 per cent of the shares in North West Geomatics Ltd., making the company a fully owned subsidiary of Hexagon. Hexagon acquired 10 per cent of North West Geomatics’ shares in 2012. North West Geomatics, also

June 19, 2014

Incumbent UAV Companies Likely to Face Increased Competitive Threats

AMSTERDAM, June 12, 2014—A new analysis of the leading companies in the unmanned aerial vehicle (UAV) and unmanned aerial systems (UAS) market, now available on ASDReports, provides a comprehensive analysis of this rapidly developing market and its leading companies. The UAV market is currently dominated by two US companies: General Atomics Aeronautical Systems and Northrop

June 19, 2014

Northrop Grumman to Supply Navigation System for South Korea’s GEO-KOMPSAT-2 Satellites

WOODLAND HILLS, Calif., June 10, 2014—Northrop Grumman Corporation (NYSE: NOC) has been awarded a contract from the Korea Aerospace Research Institute (KARI) to provide space inertial reference systems for the GEO-KOMPSAT-2 space satellite program. Under a firm-fixed-price contract worth nearly $9 million, Northrop Grumman is providing its Scalable Space Inertial Reference Units (Scalable SIRU™) for

June 19, 2014

Optech Celebrates 40 Years of Lidar Innovation

TORONTO, June 11, 2014—Optech is pleased to announce that it is celebrating 40 years of lidar technology innovation. To mark the occasion, Optech is paying tribute to the incredible partnership with our clients over the years, from the first commercial lidar systems in the world, to solutions for bathymetry and UAVs. Without our valued clients,

June 19, 2014

Proteus Completes Satellite-Derived Forest Inventory Pilot in Abu Dhabi

ABU DHABI, UAE, and BRISTOL, UK, June 16, 2014—Proteus FZC, a provider of satellite-derived mapping and classification services, has completed a demonstration project using satellite imagery to inventory tree plantations in the Emirate of Abu Dhabi. The tree mapping pilot is a spin-off of a larger Emirate-wide habitat and land use/land cover (LULC) project now

June 11, 2014

ACEC of Metropolitan Washington Becomes Partner in Geospatial & Engineering International Conference

Reston, Va., June 3, 2014—Focusing on the ability of engineering and geospatial firms to expand their professional services into the international market, the Geospatial & Engineering International Conference announced today the American Council of Engineering Companies of Metropolitan Washington (ACEC/MW) has become a participating organization for the two-day conference to be held September 25-26, 2014

June 11, 2014

Exelis Wins NASA Contract for Satellite Payload to Improve Climate Models

ROCHESTER, N.Y., June 2, 2014—Exelis ( NYSE: XLS ) has been awarded a contract by NASA worth up to $208 million to build the Radiation Budget Instrument (RBI) , a satellite payload that will improve scientific understanding of climate change. The contract includes one flight unit with options for two more instruments and associated support.

June 11, 2014

First UltraCam Eagle in Australia Purchased by Advance Aviation Group

Graz, Austria,June 3, 2014—Advance Aviation Group Pty Ltd (AAG), a Transwonderland Limited company, has contracted with Microsoft’s UltraCam business unit and subsidiary to purchase the first UltraCam Eagle “ultra-large” digital aerial camera to be delivered in Australia. The system is equipped with 80mm and 210mm exchangeable lenses, an UltraNav GNSS-Inertial Direct Georeferencing + Flight Management

June 11, 2014

Lockheed Martin Selected to Provide U.S. Air Force with Space Fence Radar to Safeguard Space Resources

MOORESTOWN, N.J., June 3, 2014—The U.S. Air Force has awarded Lockheed Martin a $914 million contract to improve the way objects are tracked in space and increase our ability to prevent space-based collisions. Lockheed Martin’s Space Fence solution, an advanced ground-based radar system, will enhance the way the U.S. detects, catalogs and measures

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