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Navy contracts Raytheon for LOCUST prototype

Navy contracts Raytheon for LOCUST prototype

Business
June 27 (UPI) -- Raytheon Co. has been awarded a contract to produce a Low Cost UAV Swarming Technology, or LOCUST, Innovative Naval Prototype. The deal, announced by the Navy Tuesday, comes under a $ 29 million cost-plus-fixed-fee contract for the LOCUST Innovative Naval Prototype. Work will be performed in Tucson, Arizona, and is expected to be completed by Jan. 25, 2020. LOCUST can launch swarming UAVs to overwhelm an adversary autonomously and have been in development and testing phases for several years. Fiscal 2018 research, development, test and evaluation funds amounting to $ 7.1 million have been obligated to Raytheon upon award of the contract. Let's block ads! (Why?) Business News - UPI.com
Boeing unveils UAV prototype for cargo, logistics use

Boeing unveils UAV prototype for cargo, logistics use

Business
Jan. 11 (UPI) -- Boeing has unveiled a new unmanned electric vertical-takeoff-and-landing, or eVTOL, cargo air vehicle prototype that it plans to use to test and evolve future autonomous technology."This flying cargo air vehicle represents another major step in our Boeing eVTOL strategy," Boeing Chief Technology Officer Greg Hyslop said in a company press release "We have an opportunity to really change air travel and transport, and we'll look back on this day as a major step in that journey."The eVTOL cargo air vehicle, announced on Wednesday, is designed to transport a payload up to 500 pounds, and will aid in future cargo and logistic applications, the company said.The transport is powered by an environmentally-friendly electric propulsion system and has eight counter rotating blades al...