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Tuesday, March 29, 2011

Cassidian changes funding plans for Talarion UAS

Talarion UAVFrustrated by a continued lack of progress with advancing its Talarion unmanned air system programme, EADS company Cassidian has suggested an alternative funding proposal to planned participants France, Germany and Spain.

Approval to launch an estimated €3 billion ($4.2 billion) effort for development and production of the Talarion has already slipped by around two years.

Cuts in defence spending among European governments mean that getting a green light for a major new programme at this time is unlikely, concedes Cassidian chief executive Stefan Zoller.

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