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Navy Awards Contracts For New Carrier-Based Drone

Wednesday, September 28th, 2016

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The Navy has awarded two of the four contracts it plans to give industry for the recently revamped MQ-25 unmanned aircraft program.Boeing [BA] and Lockheed Martin [LMT] received one-year contracts worth $43.4 million and $43.6 million, respectively, to refine concepts for the aircraft carrier-based drone, the Pentagon said late Sept. 23. “We look forward to working with the U.S. Navy to get an affordable unmanned vehicle on-board its carrier fleet,” Boeing said in a statement.130514-N-YZ751-635General Atomics Aeronautical Systems Inc. (GA-ASI)…

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