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Insitu Wins $30M Canadian Contract

Bingen, WA-based Insitu, a developer of unmanned aircraft systems, announced today it has received a one-year, $30 million contract from the Canadian government to provide technologies to support Canadian forces’ operations in Afghanistan. The contract, which includes two additional one-year options, specifically calls for small unmanned aerial vehicles for intelligence, surveillance, and reconnaissance. Insitu was acquired by Boeing (NYSE: BA) for about $400 million last summer.

Gregory T. Huang is the Editor of Xconomy Seattle. You can e-mail him at gthuang@xconomy.com or call 206-624-2249.

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