LockgropBoetheon? Brett Lambert, deputy assistant secretary for defense industrial base policy, says the Pentagon would have to reconsider its opposition to any further consolidation among primes if sequestration is implemented.
DoD guidelines may allow UAV exports from the US to up to 66 countries, but they can’t help until ITAR reform is completed, reports Reuters. And that’s not a done deal.
UAS manufacturer AeroVironment started its new fiscal year with a 5% drop in revenue, down to $58.7M for the quarter. Their funded backlog however rose by $5.2M to $98.4M. (more…)