Mega-rich Singapore shopping for drones in air show to monitor traffic

MarketWatch.com, 13 Feb 2014
U.S. defense contractor Northrop Grumman Corp. hopes to pitch its high-altitude military drones to Singapore to help the city-state better monitor air and sea traffic at the Strait of Malacca, one of the world's busiest trade corridors.
Mr. Perry said Northrop is eager to talk to Singapore about providing that monitoring capability through the company's advanced drones.
The world's sixth-largest defense contractor joins dozens of its domestic peers at the city-state's air show this week, as part of efforts to tap into the faster-growing defense markets in Asia and the Middle East at a time of tighter defense budgets at home. Organizers hope that deals close to $25 billion will be signed at the biggest air show in the Asian-Pacific region. Full story
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