Toyota may be relocating its U.S. corporate headquarters out of California, but it’s keeping its stamp on the annual Toyota Grand Prix of Long Beach.
The Grand Prix Association of Long Beach announced Monday it has signed a multi-year deal with Toyota as its title sponsor, extending an agreement with Toyota Motor Sales U.S.A. Inc. as well as the Southern California Toyota Dealers Association.
The Grand Prix Association will not specify the exact length of the deal, only that it is more than one year. Toyota has been the event’s title sponsor since 1980 and has been involved in the event since 1975, when it provided the pace car for the first Long Beach grand prix.
Army Orders More AeroVironment Drones
AeroVironment Inc. has received orders for drones worth $47 million, the company announced Monday.
The Monrovia aerospace manufacturer said the orders include its RQ-11B Raven and RQ-20A Puma AE models. The new drones will sustain the Army’s large fleet of Ravens and Pumas.
The Raven is a lightweight, hand-launched unmanned aircraft designed to give ground troops low-altitude surveillance and reconnaissance. The Puma AE is a larger drone that can provide reconnaissance on both land and sea, as it can land in salt water or on the ground.
“These contracts assure that American soldiers can continue to rely on our combat-proven solutions to deliver powerful insight, on-demand, that helps them operate more safely and effectively,” Kirk Flittie, vice president at AeroVironment, said in a statement.
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