ARTIST'S CONCEPT OF NORTHROP GRUMMAN'S NEW TERN COMBAT DRONE IN ACTION. IMAGE SOURCE: DARPA.
Motley Fool: Northrop Grumman to Expand DARPA's Hush-Hush Drone Project
DARPA likes Northrop's new TERN drone so much, it's asking for seconds.
It's been eight months now since we got our first hint that AeroVironment (NASDAQ:AVAV) had lost its shot at building a shipborne combat drone for the U.S. Navy. It's been five months since we received confirmation that Northrop Grumman (NYSE:NOC) had won the contract and would begin work building a tactically exploited reconnaissance node drone, or TERN, for the fleet.
Now, we're getting our first information on how much bigger of a deal this will be for Northrop Grumman -- and how much bigger of a loss for AeroVironment -- than initially thought.
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WNU Editor: In short .... what DARPA wants out of the project is an unmanned drone that can launch from a ship, deliver weapons, and return, using the kind of space devoted to helicopters rather than needing an aircraft carrier.
More News On The TERN Drone Program
DARPA's 'flying wing' drone inches closer to lift-off -- Register
Northrop Grumman gets DARPA Tern contract -- UPI
DARPA expands TERN drone program to make long duration drones that can take off from small ships -- Next Big Future
DARPA's Building a New Drone That Turns Small Ships Into Aircraft Carriers -- Gizmodo
The U.S. Navy Wants To Fly Big Drones From Small Ships -- Popular Mechanics