A fresh Research and Markets report suggests a growing demand for data in commercial applications will help buoy the global unmanned aerial vehicle market to reach $21.23 billion by 2022 from $5.97 billion in 2016. The report predicts the global drone market will grow at a compound annual growth rate of 20 percent from 2016 […] More

The U.K. defense ministry has chosen separate teams led by BAE Systems and Rheinmetall Landsysteme as “preferred bidders” for the assessment phase of a program to modernize the British army’s main battle tanks, Defense News reported Wednesday. Andrew Chuter writes the U.K. defense ministry aims to finalize two contracts by the end of the year to launch a 24-month, […] More

A report from research firm Visiongain estimates that global revenue for military land vehicle electronics will reach $3.3 billion this year. The company’s “Military Land Vehicle Electronics Market Report 2016-2026” report also predicts that technology development efforts will help drive sales growth for the sector over the next 10 years, ReportBuyer said Monday. Vistronics also forecasts China will experience a significant increase […] More

Research and Markets predicts that the radar security market will continue growth to reach a value of $25.17 billion by 2022 at a compound annual growth rate of 5.9 percent as demand for the technology increases. Countries interested in radar security systems to protect their borders and critical infrastructure will help drive market growth, the market research company said […] More

A new Research and Markets report forecasts the global security robots market to grow to $2.36 billion by 2022 at a compound annual growth rate of 8.56 percent. Research and Markets said Thursday that geopolitical crises, territorial conflicts and adoption of unmanned systems drive the global market for security robots. The report noted that the […] More

Research and Markets has predicted the global machine-to-machine market in homeland security to grow 57 percent from 2015 to 2019, buoyed by the remote monitoring and controlling feature of M2M connected devices. The report attributes the market growth to increased government focus on efforts to address terrorist attacks, cyber-attack and natural disasters, Research and Markets […] More

A new Research and Markets report has predicted the global small drones market to hit $10.04 billion in value by 2020 as demand for commercial application increases. Research and Markets said Wednesday defense and commercial sector operations and tasks that use small drones increase over the past 10 years following the advancements in payloads technology. […] More

 TechNavio released a new report in February on global military manpack and vehicular radio systems that includes the research firm’s list of the top five vendors in the field and other prominent companies. The Global Military Manpack and Vehicular Radios Market 2016-2020 report named Barrett Communications, Finmeccanica, Harris, Radmor and Thales as the five key vendors in the market while Codan, Elbit Systems, […] More

Beechcraft Defense Company has been selected to manufacture military training aircraft for the U.K. defense ministry under a contract with Affinity Flying Training Services. The Textron subsidiary will produce 10 Beechcraft T-6C Texan II aircraft to replace the Shorts Tucano T1 aircraft under the U.K. MoD’s military flying training system program, Textron said Wednesday. The aircraft […] More

Lockheed Martin has kicked off a process to align the four structural components of an F-35 variant for the Israeli air force at the company’s electronic mate and assembly station in Fort Worth, Texas. The company said Sunday it is scheduled to complete assembly on Israel’s first F-35A conventional takeoff and landing aircraft in June and deliver the […] More

The U.S. Missile Defense Agency and the Israel Missile Defense Organization have conducted a fourth and final interception test of the David’s Sling Weapon System built by a Raytheon–Rafael team. MDA said Monday the platform launched a Stunner interceptor to engage several threat representative targets in real time during the demonstration at a test range in southern Israel. Raytheon […] More

Lockheed Martin has awarded approximately $770 million worth of contracts to Israel-based companies to perform work related to Israel’s purchase of F-35 fighter aircraft, Defense News reported Sunday. Barbara Opall-Rome writes Israel’s defense ministry announced that Elbit Systems and Israel Aerospace Industries were among the Israeli firms that received the largest share of contract work […] More