Last week, defense juggernaut Northrop Grumman (NYSE: NOC ) officially launched its CUTLASS unmanned ground vehicle, or UGV for short.
Northrop Grumman CUTLASS UGV. Image Source: Northrop Grumman
In describing the new robot, Northrop managing director Greg Roberts stated:
Our CUTLASS vehicle is setting new standards in the UGV market and significantly enhancing the ability of users to handle hazardous threats safely. It is more dexterous, cost effective and, as a package, four times faster than any other UGV.�The vehicle is already in service across the U.K. and has proven itself to be robust and capable in the most demanding environments. We look forward to exploiting the potential opportunities for exporting this capability into international markets.
Best Defense Companies To Invest In Right Now: Methanex Corporation (MEOH)
Methanex Corporation, together with its subsidiaries, engages in the production, marketing, and sale of methanol. The company also purchases and re-sells methanol produced by others. Its methanol is a clear liquid commodity chemical that is used to produce traditional chemical derivatives, including formaldehyde, acetic acid, and various other chemicals. The company�s methanol is also used in energy-related applications; for blending into gasoline, as a feedstock in the production of dimethyl ether, which can be blended with liquefied petroleum gas for use in household cooking and heating, and in the production of biodiesel; and used to produce methyl tertiary-butyl ether, a gasoline component, as well as used into olefins applications. The company supplies its methanol to petrochemical producers and distributors in North America, the Asia Pacific, Europe, and Latin America. Methanex Corporation was founded in 1968 and is headquartered in Vancouver, Canada.
Best Defense Companies To Invest In Right Now: Transpac Industrial Hldgs Ltd (T55.SI)
Transpac Industrial Holdings Limited, an investment holding company, provides venture capital to companies with capital appreciation potential in Asia. It invests in the securities of growing private companies principally located in China/Hong Kong SAR, Taiwan, Singapore, Malaysia, Thailand, and Indonesia. The company is based in Singapore.
5 Best Energy Stocks To Own Right Now: MOD-PAC CORP.(MPAC)
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