An ASDReports.com report estimates the market value for military electro-optical and infrared systems stands at about $8.38 billion and would continue to grow for the next 10 years. The business intelligence firm said Monday the sector could enjoy steady growth through 2024 due to the growing military applications of EO/IR technology. Adoption of smaller and […] More

Deltek expects three federal agencies to launch solicitations for recompete contracts worth almost $30 billion combined in the next three months, the Washington Post reported Sunday. Ashley Bergander, research manager at Deltek, writes the contract vehicles from the Air Force as well as the departments of Energy and Veterans Affairs will be open to both […] More

Harry Lee, vice president of corporate contracts, pricing and supply chain at Northrop Grumman, has been named one of the recipients of the National Association of Asian American Professionals 100 award for 2014. The annual award, given to Asian Americans who have contributed to their professions and the Asian community, was presented at the NAAAP national […] More

Research and Markets projects a 9.7 percent compound annual growth rate for the global smart grid cybersecurity market through 2018 due to what the firm sees as a growing complexity of cyber attacks on smart grid networks. “The security of the smart grid network is a major issue faced by power utilities because there is a frequent exchange of sensitive information […] More

Research and Markets has released a new report that predicts the military radar global market could reach a total value of $8.4 billion by 2019 from the $6.9 billion recorded in 2012. Increased demands from the army, navy and air force services, as well as emergency responders have spurred the military radar market’s growth worldwide, Research and […] More

Lockheed Martin is working with the Defense Department and F-35 suppliers to lower operation and maintenance costs for the fighter program over the next 50 years, Reuters reported Thursday. Andrea Shalal writes that Lockheed officials recently met with representatives from DoD and 90 key F-35 suppliers in Fort Worth, Texas to brainstorm cost reduction ideas. […] More

A new Research and Markets report forecasts a 4.2 percent compound annual growth rate for the global ammunition market by 2020 due to modernization programs and ongoing conflicts in some parts of the world. The market research firm said Tuesday that ATK, BAE Systems, General Dynamics, Nammo and Raytheon could lead the market as it shifts focus from the west to Asia-Pacific and the Middle […] More

Tim Hein serves as the vice president of contracts at ATK Defense Systems Group. He is responsible for all aspects of contract management activities including strategic agreements, export and import performance and compliance, facility use contracting, and DoD or commercial procurement regulatory compliance. Prior to this role, Hein was contracts manager at United Defense LP […] More

Austal USA has launched the USS Montgomery littoral combat ship the company built for the U.S. Navy’s near-shore and open-ocean operations under a $3.5 billion block purchase inked in 2010. General Dynamics‘ Advanced Information Systems served as integrator for the ship’s navigation, C4I and aviation systems, General Dynamics said Wednesday. Austal USA collaborated with Berard […] More

Engility Holdings Inc., recently announced that it has received a $10.1 million contract to supply technical advisory services to the Guatemala office of the U.S. Agency for International Development to support the reduction of greenhouse gas emissions. The five-year contract represents Engility’s 12 years of experience in Guatemala, supporting new work to improve natural resource management, […] More

Paul Falkler heads the national intelligence programs at Vistronix, building the information systems, solutions and services provider’s capabilities in the sector through mergers and acquisitions, and strategy and integration application. He headed strategy development at Varen Technologies prior to joining Vistronix and held the same role at SAIC in a vice president capacity. Falkler held […] More

MBDA has started to produce Brimstone 2 missile for the British air force to use on its fleet of Tornado GR4 aircraft. The Brimstone 2 missile is built to help the Tornado in guidance against targets and work through both safety methods and potential logistical issues, MBDA said Brimstone 2 enters the series production phase after a qualification of the Brimstone 2 IM rocket […] More