$1bn to build unmanned fighter
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A US company has received more than $1bn in funding to build prototype unmanned fighter aircraft for the American military.
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Australia is to spend A$48m (US$35m) increasing security against possible terrorist threats at regional airports around the country.
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The Defense Advanced Research Projects Agency awarded an $8.9 million contract to three vendors last week to build a prototype for low-flying unmanned aerial vehicles that can work with Army ground combat vehicles to scout ahead of American forces.
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IBM announced yesterday that it will invest US$250 million (S$425 million) over the next five years and employ 1,000 people in a new business unit to support products and services related to sensor networks.
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The US government gives BAE Systems and Northrop Grumman $45m each to develop anti-missile systems to protect civilian aircraft.
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The federal government is expected this week to award a contract worth more than $1 billion to build the key components of its next-generation air traffic control system -- a high-tech network that officials say will alleviate chronic flight delays.
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A robotic airplane called ScanEagle has done more than 1,000 hours of intelligence and reconnaissance work for the Marines in Iraq, its developers said.
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By Timothy R. Gaffney, Dayton Daily News, Ohio  Sep. 9--An Air Force contract worth $627.8 million should generate local  high-tech jobs and shows what was at stake in last year's military  base-closing process, a Dayton Development Coalition executive said Friday.
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The Australian government announced on Thursday a project worth 350-450 million dollars (245-315 million US dollars) to equip air force aircraft with long range missiles capable of destroying land and sea targets.
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Unmanned aerial vehicles and other remote-controlled weapons are part of a high-tech arsenal the U.S. military is developing to help minimize casualties in battles with insurgents.
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The defense-related work is estimated to be worth $200 billion.
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The Pentagon's costliest acquisition project, the F-35 Lightning 2 Joint Strike Fighter, safely completed its first test flight Friday, advancing a $276.5 billion program co-financed by the United States and eight nations.
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The U.S. Navy has chosen a trans-Atlantic team led by Lockheed Martin Corp. to build a new U.S. presidential helicopter fleet in a deal valued at &#36;1.7 billion.
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Australia plans to spend nearly $300 million on new long-range missiles. The Defense Minister says the missiles, capable of hitting land and sea targets, will be carried on F/A-18 fighter jets and maritime patrol planes.
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Ryanair has ordered 32 next generation Boeing 737-800 planes at a cost of 2.25 billion dollars (1.78 billion euros) at catalogue price.
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The government gives the go-ahead for the Â£1.06bn sale of helicopter maker AgustaWestland, based in Somerset.
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Northrop Grumman Corp. NOC.N's   Space & Mission Systems business unit is being awarded a U.S.   Navy technical services contract worth up to $686.1 million to   support the U.S. Joint Forces Command's warfighting center, the   Defense Department said on Friday.