Sierra Nevada Corp. is making a $200 million bet on a modified corporate jet that can provide intelligence, surveillance and reconnaissance capabilities from afar, as the Army continues to demonstrate a high level of interest in the capability. The project, called RAPCON-X, is a modified Bombardier 6500 that can be configured to provide radar, signals intelligence and surveillance capabilities. Sierra Nevada will invest more than $200 million in developing the RAPCON-X platform, including two prototypes, said Tim Owings, executive vice...
