Low cost spy plane takes off as military budgets squeezed

Northrop Grumman Corp, maker of the B-2 spy plane and the Global Hawk unmanned drone, will demonstrate a smaller, cheaper surveillance plane this week it hopes will be attractive to budget conscious U.S. law agencies and foreign countries. The new Air Claw system marks Northrop's latest effort to expand its overseas revenues and move into new non-military markets at home given the expected decline in U.S. military spending after a decade of sharp growth.

See the full article at Reuters India