Aerospace and Defense Channel

NV selected as UAV development center

The Federal Aviation Administration (FAA) announced that Nevada has been selected as one of six locations to be a center for unmanned aerial vehicle (UAV) development in the United States. As a UAV development site, the most likely economic forecast shows that there could be thousands of jobs for UAS direct employees with an average wage of approximately $62,000; an estimated $2.5 billion in economic impact in present dollars; and an estimated $125 million in annual state and local tax revenue.


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Increasing range of military applications for GPS/GNSS devices will drive market

Global spending on GPS/GNSS systems and devices is expected to remain robust over the coming decade, according to Strategic Defence Intelligence new report – The Global Military GPS/GNSS Devices Market 2013-2023 – which forecasts market growth at a CAGR of 4.6%, primarily driven by their extensive use alongside associated software in modern or fourth-generation warfare.


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