Hey! Who's Flying This Thing? Part 4http://www.fool.com/investing/value/2008/10/02/hey-whos-flying-this-thing-part-4.aspx Rich Smith
October 2, 2008
Welcome, defense-investing Fools, to the fourth installment of this series, in which we do our Foolish best to keep tabs on developments in the burgeoning field of pilotless, flying robots -- unmanned aerial vehicles, or "UAVs," to the initiated.
Today, we welcome Raytheon (NYSE: RTN ) -- please stand up and take a bow! And everyone? Let's give Raytheon a big round of applause for its new UAV. The "KillerBee" wins the prize for the cutest name yet seen on a piece of military hardware and extra credit for being perhaps the prettiest UAV model we've seen yet.
Whose line (of work) is it?
Northrop, as you know, is fast-becoming the dominant player in UAVs, having already launched such successful franchises as the RQ-4 Global Hawk, the MQ-5B Hunter, and the MQ-8 Fire Scout -- all prior to its latest success, claiming the Navy's Unmanned Combat Air System Carrier Demonstration (UCAS-D) contract to conduct carrier operations with the X-47B UAV back in August. By teaming up with Swift on the KillerBee, Northrop appeared to shift its focus back to land-based UAVs, challenging Boeing's (NYSE: BA ) popular ScanEagle.
Totally radical, man
For one thing, there's the radical shape. KillerBee resembles nothing so much as a miniature version of Lockheed Martin's (NYSE: LMT ) famed (and now defunct) F117 Stealth Fighter, which could make it more difficult for bad guys to spot. Pundits reviewing the new bird suggest that the KillerBee's "blended-wing" shape will also add lift to the aircraft, thereby increasing endurance, fuel efficiency, and payload. The multiple sizes of the KillerBee are said to range from 6.5 feet all the way up to 17.5 feet, with payloads ranging from seven to 120 pounds depending on the variant in question.
Additional, perhaps unique advantages of the KillerBee include the fact that its shape may permit multiple stacked UAVs, one on top of the other, for shipping to theater. Its better-than-ordinary structural integrity might even permit in-flight deployment from a larger airplane. (Picture this if you will: An invisible B-2 [yet another Northrop bird], flying over the battlefield, opening its bomb bay doors, and deploying a dozen mini-spy planes midair. How cool is that?)
Too cool to escape notice