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(Yicai Global) March 27 -- Guangtai Airport Equipment will supply target drones and other supporting devices to a unit of China's military in a CNY22.8million (USD3.4 million) deal.
GAE has received a letter of acceptance for providing the products, the Weihai-based firm said in a statement without providing specific details.
The civil airport equipment provider develops and manufactures unmanned aerial vehicles able to complete many highly-difficult flight tasks, the statement said, adding that the related research and development is progressing smoothly.
This marks the first time that the firm has won the bidding for a top-tier military contract and is its largest successful bid for a drone project to date.
The deal lays a solid foundation for other bids on contracts for other military branches and divisions. GAE has now inked military drone contracts worth CNY33 million so far this year.
Editor: William Clegg