March 17, 2010 (FinancialWire) — Vought Defense Systems Corp. (OTC: VDSC) said it has signed a contract to acquire 100% of the issued and outstanding stock of Cyber Aerospace, LLC, which is a designer and manufacturer of unmanned aerial systems.

Cyber Aerospace has customers in the law enforcement, military and commercial sectors globally.

Florida-based Vought Defense Systems is a holding company whose intent is to acquire companies that are creating solutions for the UAV market.

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