Read Larry Connors' blog – Short Term Trading Strategies
With 113 systems ordered and 87 delivered, Shadow systems are deployed with the U.S. Army, Army National Guard, Army Special Forces and Marine Corps. These systems have amassed more than 445,000 flight hours, the majority of which have been in support of combat operations in Iraq and Afghanistan.
"The Shadow aircraft's mission set continues to expand through our ongoing enhancement activities," says VP of Unmanned Aircraft Systems Steven Reid. "We are fortunate to have several touch points with our users, from focus groups to direct feedback received by our field service representatives who work alongside deployed Shadow units. This valuable feedback keeps us connected to our customers' ever-changing mission needs so we can deliver system upgrades that meet those needs or anticipate new ones."
Among current upgrades is a new lithium battery designed to provide power in the event of generator failure, giving the aircraft more than an hour and a half of additional flight time to land safely on base without necessitating an emergency parachute recovery. AAI also is integrating a new electronic fuel injection engine and a new fuel delivery system, which together are expected to bolster system reliability. The new battery, electronic fuel injection engine and fuel delivery system are expected to be fielded starting in late 2009.
AAI designs, produces, and supports aerospace and defense systems through its direct and indirect subsidiaries, AAI Services, Aerosonde Pty Ltd, ESL Defence Limited, and Symtx.
((Comments on this story may be sent to newsdesk@closeupmedia.com))
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
