Aerospace Group:

Business/Financial

Elbit, Embraer Establish Joint Company In Brazil

Defense Daily Staff

Friday, September 9th, 2011

SHARE:

Israel's Elbit Systems [ELST] and Brazil's Embraer yesterday announced the establishment of a joint company based in Brazil that will be focused on unmanned aircraft systems (UAS), avionics systems and simulators. Harpia Sistemas S.A., as the joint venture will be named, will be 51 percent owned by Embraer's Defesa subsidiary and 49 percent by Elbit's Brazilian subsidiary AEL Sistemas S.A. Harpia will also engage in contractor logistics support for the focus areas of the business. Under the agreement, Embraer Defesa…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]