San Diego Business Journal

GA-ASI Gets Army Services Deal Worth $141.8M

By Brad Graves Monday, May 14, 2012

General Atomics Aeronautical Systems Inc. received a $141.8 million contract for services in support of U.S. Army Gray Eagle unmanned aircraft systems, the Pentagon announced on May 10.

The Gray Eagle is an Army variant of its more famous cousin, the U.S. Air Force Predator drone. The Gray Eagle can run on either jet or diesel fuel, and can stay aloft for more than 30 hours.

The award is structured as a cost plus incentive fee contract. The U.S. Army Contracting Command of Redstone Arsenal, Ala. is the contracting authority. Work will be done in Poway and is expected to be complete by this time next year.