Industry analyst very bullish on potential Insitu UAV sales

23 Aug

Interesting — and very optimistic — look in Defense News online at Insitu’s niche in the military unmanned aircraft market. Lexington Institute analyst Daniel Gouré says “Insitu’s small, quiet aircraft will ‘start to press up against some of the’ capabilities and missions of bigger UAVs such as the Predator and Reaper.”

The article continues:

“Gouré said the miniaturization trend also opens the door for sales to small militaries who want cost-effective, reliable and small planes as their primary UAVs.

“I honestly think it’s going to be hundreds of millions of dollars, if not billions, over time” in international sales, said the analyst.

“Everybody knows they’re going to have to get into the UAV game” and buying Insitu’s planes is far cheaper than developing a domestic UAV or buying Predator or Reaper style systems, he said.

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