October 22, 2016 7:46 AM ET

Aerospace and Defense

Company Overview of Aurora Flight Sciences Corporation

Company Overview

Aurora Flight Sciences Corporation develops and manufactures unmanned systems and aerospace vehicles for science, airborne research, and communications, as well as intelligence, surveillance, and reconnaissance applications. The company specializes in the design, build-to-print, and rapid prototyping of airframes fabricated from composite and metallic materials, as well as focuses on propulsion, guidance and control, fault-tolerant avionics systems, and cutting-edge new vehicle designs. It develops unmanned aircraft systems, small space systems, and other flight vehicles; subsystems and components; autonomous aerial cargo and utility systems; and synchronized position hold, engage, and reori...

9950 Wakeman Drive

Manassas, VA 20110

United States

Founded in 1989





Key Executives for Aurora Flight Sciences Corporation

Founder, Chairman and Chief Executive Officer
President and Chief Operating Officer
Chief Financial Officer
Chief Technology Officer and Vice President of UAS
Chief Innovation Officer and Director
Compensation as of Fiscal Year 2016.

Aurora Flight Sciences Corporation Key Developments

Aurora Flight Sciences Wins Six-Month $2.9 Million Contract from NASA

Aurora Flight Sciences has been awarded a six-month $2.9 million contract from NASA for continued development of the company's D8 aircraft, an ultra-efficient subsonic commercial airliner that is a candidate for demonstration in NASA's new X-plane program. The D8 is a commercial aircraft concept that enables substantial efficiency improvements within the next decade. By entry into service, the D8 will be over 50% more fuel-efficient than current best-in-class aircraft while simultaneously reducing airline operating costs. The D8 evolved from Aurora's work on the NASA N+3 Program. In 2009, a combined Aurora, MIT and Pratt & Whitney team was awarded a contract to study technologies and designs for transport-class aircraft that could enter service during the 2030s.

Aurora Flight Sciences Wins $89,444,166 Federal Contract

Aurora Flight Sciences was awarded an $89,444,166 federal contract by the Defense Advanced Research Projects Agency for a vertical take-off and landing X-plane research portfolio. The place of performance will be in Indianapolis; Manassas, Virginia; Tucson, Arizona; and Ventura, California.

Defense Advanced Research Projects Agency Selects Aurora to Build VTOL X-Plane Technology Demonstrator

Aurora Flight Sciences announced that the Defense Advanced Research Projects Agency (DARPA) has awarded the company the prime contract for Phase 2 of the Agency's Vertical Takeoff and Landing Experimental Plane (VTOL X-Plane) program. VTOL X-Plane seeks to develop a technology demonstrator that could: Achieve a top sustained flight speed of 300 kt-400 kt; Raise aircraft hover efficiency from 60% to at least 75%; Present a more favorable cruise lift-to-drag ratio of at least 10, up from 5-6; Carry a useful load of at least 40% of the vehicle's projected gross weight of 10,000-12,000 pounds The Aurora team's design for its unmanned aircraft, named LightningStrike, seeks to provide an approximately 50% increase in speed over existing VTOL aircraft designed for comparable mission applications.

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Recent Private Companies Transactions

Private Placement
March 14, 2016

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