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Re: ALL-IN888 post# 920

Friday, 09/05/2014 12:07:31 PM

Friday, September 05, 2014 12:07:31 PM

Post# of 5118
This is what a real press release from a real Drone company looks like. Now ask yourself, Why would the goverment deal with a ballon drone company whos drones can't even fly when they already have contracts with companyies like this that can provide a much better product? DRNE is just a ballon with a Go Pro on it.

"Law360, Washington (May 08, 2014, 5:00 PM ET) -- The U.S. Department of Defense said on Wednesday that it has awarded General Atomics Aeronautical Systems a $297 million contract to continue providing logistics support and maintenance operations for its "Gray Eagle" drone operations in the U.S. and Afghanistan.
The DOD announced the $296.9 million award in its list of new contracts. The Gray Eagle drone system is a version of the company's predator drone program, a long-range, long-dwell system that can carry up to four Hellfire missiles as well as communications and surveillance infrastructure."

Kratos Defense & Security Solutions, Inc., a leading National Security Solutions provider, announced today that its Micro Systems, Inc. subsidiary of the Advanced Drone and Targets Systems (ADTS) Division recently received a five-year contract from the U.S. Army valued at up to $34.77 million for unmanned drone system command, control and communication systems, solutions and services. Under the new award, Kratos will be issued task orders to provide engineering and technical support to develop technology and system upgrades for U.S. Army unmanned ground, sea surface, and aerial drones and target vehicles, command, and communication system electronics and related ground control stations. This new single contract award has a one base year and four option year period of performance. - See more at: http://www.unmannedsystemstechnology.com/2014/07/u-s-army-selects-micro-systems-inc-for-unmanned-aerial-ground-and-sea-surface-drone-system-contract/#sthash.dDvJEFmD.dpuf

The U.S. Air Force now has a total of 37 Global Hawk drones, produced by Northrop Grumman Corporation, after receiving two more in late November, according to ASDNews.

“Global Hawk’s ability to fly more than 30 hours at high altitudes while gathering multiple types of intelligence data makes it extremely valuable to field commanders who need near real-time information,” said George Guerra, the vice president for Global Hawk unmanned aircraft systems.

Read more at http://endthelie.com/2013/01/08/no-slowing-down-u-s-air-force-buys-more-global-hawk-drones-army-awards-contracts-for-small-drones/#MPEYYmRpCCWRi7tp.99

The content of my post should never be taken seriously or considered when making investment decisions.

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