Orbital UAV designated primary supplier of two Insitu designed engines, previously multi-sourced, has signed a Memorandum of Understanding (“MoU”) with Insitu, a wholly owned subsidiary of The Boeing Company.
It designates Orbital UAV as the primary supplier of two Insitu designed engines.
The two engine models form part of Orbital UAV’s current Long Term Agreement with Insitu and were previously part of a multi-source award.
Orbital UAV’s designation as primary supplier pursuant to the MoU means that the firm will be the sole source supplier for the Insitu designed engine currently in production.
It will also be the sole source supplier for the second Insitu designed engine which is currently in development.
As primary supplier, Insitu will approach Orbital UAV for the purposes of fulfilling all demand requirements.
Where both parties agree that Insitu’s demand requirements cannot be totally fulfilled by Orbital UAV, Insitu may approach another party to assist meeting total demand.
Todd Alder, CEO and managing director, said: “Over the past two years, we have continued our accretive growth strategy within the UAV industry and our LTA with Insitu represents a key aspect of that growth. We are delighted to now be awarded primary supplier status in the delivery of these two Insitu designed engines.
Adding: “This opportunity is a result of the progress we have already made and a demonstration of Orbital UAV’s ability to deliver superior quality in our field,” said Todd Alder, CEO and Managing Director of Orbital UAV.”