Groen Brothers Aviation, Inc. (GBA)(OTCBB: GNBA) announced today that the U.S. Defense Advanced ResearchProjects Agency (DARPA) has passed GBA's submission for the thirdMilestone of its contract to design a proof of concept high speed, longrange, vertical takeoff and landing (VTOL) aircraft. Phase One is afifteen month $6.4 million award to perform trade studies, developappropriate risk
Posted August 17, 2006
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