AeroVironment Secures $8.4 Million Puma 3 AE Unmanned Aircraft Systems Foreign Military Sales Contract Award for U.S. Ally

  • Puma 3 All Environment (AE) unmanned aircraft system delivers immediate tactical intelligence, surveillance and reconnaissance (ISR) in maritime and land operations

  • Customer is among the 50 allied government forces relying on AeroVironment’s innovative family of tactical unmanned aircraft systems (UAS); Foreign Military Sales (FMS) program promotes interoperability among U.S. and allied forces for joint operations

  • Long-Range Tracking Antenna (LRTA) enables 60 kilometer range, and is now available in both M1/2/5 and M3/4/6 Digital Data Link (DDL) military operating bands

AeroVironment, Inc. (NASDAQ: AVAV), a global leader in unmanned aircraft systems (UAS), today announced it secured a $8,371,332 firm-fixed-price U.S. Department of Defense FMS contract award on September 25, 2020 for Puma™ 3 AE tactical UAS, training and support to an allied nation. Delivery is anticipated by March 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005680/en/

Puma 3 AE (All Environment) is ideal for use in day,

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A Smart, New Approach To Stop Foreign Interference In Elections

FBI Director Christopher Wray’s recent warning that Russia is seeking to disrupt and influence US elections underscores the vulnerability of our elections and political campaigns to foreign influence and hacking. 

As is increasingly the case, whistleblowers likely will be a vital first line of defense.  

Recognizing that, the State Department has launched a promising way to turn the tables on foreign hacking operations and disrupt the disrupters: It is offering whistleblower rewards of up to $10 million to those who can identify or provide the location of individuals who are working at the behest of foreign governments to interfere with a national, state or local election.

Incentivizing knowledgeable insiders to report wrongdoing by offering whistleblower rewards has long been

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Waiting For The Return Of Foreign Real Estate Buyers

The coronavirus pandemic has dramatically affected the Cypriot real estate market. The sector has traditionally been highly dependent on foreign buyers, especially in recent years due to the impact of the ‘golden passports’ investment program.

As shown in the semi-annual report of Pandora Investments Public, sales during the pandemic amounted to approximately $41 million, compared to $62.4 million in 2019. Pandora is a part of Leptos Group, one of the largest land developers in Cyprus.

Similarly, the gross sales of Aristo Developers Ltd, declined by 69% between January-June 2020, compared to the same period in 2019. The decline was “primarily due to the worldwide travel restrictions imposed following the COVID-19 pandemic which made it impossible

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Trump administration says it will further tighten rules for foreign workers using H-1B visas

The agencies have not published a copy of the new regulations, leaving hundreds of thousands of engineers, doctors and other skilled professionals mostly guessing about the scope of their impact, even as Trump administration officials described the measures in superlative terms.

“In DHS’s history, we have never done as much in the H-1B space as we are announcing today,” said Ken Cuccinelli, the senior official performing the duties of the DHS deputy secretary.

Cuccinelli and Patrick Pizzella, the deputy labor secretary, told reporters the measures were being implemented using an expedited process because of the coronavirus pandemic’s impact on the U.S. workforce.

“With millions of Americans looking for work and as the economy continues its recovery, immediate action is needed to guard against the risk that lower-cost foreign labor can pose to the well-being of U.S. workers,” Pizzella told reporters on a conference call.

The moves are expected to trigger

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