Lockheed and AeroVironment sign agreement on drone development

Defense giant Lockheed Martin Corp. signed an agreement with Monrovia drone maker AeroVironment Inc. to pursue opportunities together in unmanned aircraft development. The deal was announced late Thursday at the Defense Expo in India and centered on jointly working on AeroVironment’s massive robotic Global Observer aircraft. The companies are looking to sell the high-flying drone overseas.

See the full article at Los Angeles Times