24/09/2020

IAI Acquires 50% of BlueBird Aero Systems

IAI Acquires 50% of BlueBird Aero Systems – link

Source: IAI Press Release

Article Headlines
  • IAI Acquires 50% of BlueBird Aero Systems
  • Within the deal IAI will acquire India’s Piramal Technologies’ shares as well as those of Fiberglass Access
  • IAI has decided to acquire the company due to the market potential the company sees within the small-tactical market
Overview & Comments
  • BlueBirds leading UAS systems are the ThunderB with its proven over 24 hrs of endurance and the smaller WanderB weighing just 13 kg
  • Both aircraft are VTOL capable
  • The acquisition will allow IAI to compete in various opportunities where it had a gap with regards to systems with these capabilities as in previous years the company missed out on major STUAS & mini opportunities
  • See “Largest Hybrid Fixed Wing / VTOL Contract to Date”
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