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March 02, 2018

Locust USA Signs $19 Million Technology Investment Agreement With The U.S. Army

Distribution Statement 'A' Approved For Public Release

Advanced heavy-fuel microturbine propulsion systems developer UAV Turbines, a subsidiary of Locust USA, has announced that it has entered into a $19 million Technology Investment Agreement ("TIA") with the U.S. Army to collaborate in development of an efficient and reliable/durable small turboprop gas turbine engine for propulsion in the unmanned aerial vehicle (UAV) arena.

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