Martin Aircraft Company partners with Avwatch

Company News

by Jessica Ellerm

 
Martin Aircraft Company Limited (ASX:MJP) has announced it has signed a formal Alliance Agreement with US based Avwatch Incorporated.
 
Avwatch trains Federal, state and local government agencies in homeland security and disaster recovery.
 
The partnership will involve training in and development of the First Responder Martin Jetpack, to meet the requirements of US Homeland Security.
 
Martin Aircraft also plans to establish a sales and marketing presence at Avwatch headquarters in Plymouth, Massachusetts. 
 
Martin Aircraft Company Limited reported a net profit of $4.62 million at 31 December 2015.

Jessica Ellerm

Finance News Network
Jessica joined FNN in April 2016 and presents the Australian Share Market Outlook, and reports on the morning's leading business stories. Alongside FNN Jessica is a fintech industry commentator, writing for her own blog and a number of international online publications.