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July 04, 2011

Eurocopter Holding Acquires 98.32% Of Vector Aerospace

Acquisition Bolsters Eurocopter’s Support And Services Activities

Eurocopter Holding, a subsidiary of EADS, and Vector Aerospace Corporation, announced Thursday that all of the terms and conditions of the offer by 7762798 Canada Inc. (the “Offeror”), to acquire at a price of about $13.50 in cash per share.

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Arlington, TX, PD Testing UAVs

Initial Flights Being Conducted Away From Populated Areas

The Arlington, TX police department has started testing two electric unmanned helicopters in hopes of adding the aircraft to its law enforcement arsenal.

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