Vought Defense Systems Corp. announces contract for the acquisition of Cyber Aerospace, LLC

16th March 2010 - 13:50 GMT | by The Shephard News Team

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Vought Defense Systems Corp. (VDSC) announced today that it has signed a contract to acquire 100% of the issued and outstanding stock of Cyber Aerospace, LLC, which is a designer and manufacturer of Unmanned Aerial Systems which has provides services to law enforcement, military and commercial operation globally.

President and CEO, Edwin Salmon stated, "This is a major step for Vought in their endeavor to acquire and develop unique aerial and surveillance UAV's for the US and foreign militaries and the national security market. We are especially excited about the capabilities of CyberScout which has designed with the primary goal to be a small, configurable, and easily modifiable UAV aerial platform, which combines the VTOL, and the hovering capabilities of a helicopter with the high-speed forward capabilities of a fixed winged aircraft A secondary design objective was to "modularize" the major components of the aircraft to allow the platform to be optimally configured with different major components so that it can cost effectively meet varied mission requirements. This means that the CyberScout can "evolve" over time by incorporating new systems and technologies by easily upgrading major system components".

Source: Vought Defense Systems Corp.