Pentagon Spends $51 Million More on Copperhead Drones

Just one week after awarding privately held defense contractor Navmar Applied Sciences a $31.3 million contract to procure and support 42 L-3 Communications (NYSE: LLL  ) TigerShark unmanned aerial vehicles, the Pentagon has done it again. On Friday, the Department of Defense doubled down on Navmar by "modifying" the first contract, adding $51 million to its value "to exercise an option for additional sustainment efforts for existing Copperhead unmanned aerial vehicle (UAV) detachments, to include personnel support for training and logistics both in the continental United States and outside the continental United States."

The modification also provides for Navmar to supply "a variety of spares and industrial supply type materials required for the repair and maintenance efforts." Like last week's contract, work on the modification is expected to be complete by February 2014.

Copperhead is the Pentagon's Joint IED Defeat Organization's designation for the TigerShark, once it has been equipped with a 1-foot Synthetic Aperture Radar that helps it detect insurgents engaged in burying IEDs.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2273124, ~/Articles/ArticleHandler.aspx, 3/29/2015 12:13:52 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...