A new report from ASDReports expects advancements in sensor technologies to influence the military electro-optic/infrared systems market in the coming years. The market analyst said EO/IR systems will register a year-over-year growth of 7.71 percent to become a $16.35 billion industry by 2020, driven by increased use in surveillance operations and as part of a close in weapons system. […] More

TechNavio forecasts a 9.86 percent compound annual growth rate for the global homeland security market from 2014 through 2019 as public sector demand for identification and security checking systems is poised to increase. TechNavio’s new report calculated the market size for the forecast period by considering revenues generated from six segments: border, aviation and maritime security, […] More

ASDReports projects communication equipment to dominate the air traffic control equipment market between 2014 and 2020 and expects China to hold the biggest market share throughout the forecasted period. The report predicts the construction of new airports, airport upgrades, increase in passenger and freight traffic, escalating aircraft movements, technological advancements and safety requirements to drive the market […] More

A new study from TechNavio predicts the market for aviation cybersecurity platforms will experience a 5.94 percent compound annual growth rate from 2014 to 2019. The research highlighted cyber threats as a major security issue for aviation organizations due to a growing adoption of mobile technologies, Reportlinker said Wednesday. TechNavio analysts believe technology could help […] More

A new Research and Markets report forecasts the U.S. military expenditure to reach $597 billion by 2020 from $560 billion in 2015, driven by the government’s efforts to retain military dominance through weapons modernization. The market analysis sets a 0.51 percent compound annual growth rate for U.S. military spending over the forecast period, noting that expenditure declined by […] More

Deborah “Deb” Dunie, formerly executive vice president and chief technology officer at CACI International, for eight years, has been appointed to the board of directors at Science Applications International Corp. She will serve on the human resources and compensation committee of the company’s board, SAIC said Monday. “Deb Dunie has over three decades of aerospace and defense industry […] More

A new PwC report on the mergers and acquisitions in aerospace-and-defense industry says deal activities increased in 2014 compared to 2013 and the number of transactions worth at least $1 billion doubled from the prior year. The firm’s Mission Control report, authored by PwC Global A&D Leader Guillaume Rochard and U.S. A&D Leader Chuck Marx, says the total deal value reached $22.3 billion in 2014, up from the $14.3 […] More

A new Research and Markets report forecasts that the market for military electro-optical and infrared systems will climb in value at a 7.71 percent compound annual growth rate to reach $16.35 billion revenues by 2020. The company said Thursday that strategies to establish uncontested market space and increased military spending will drive fast-paced growth for the EO/IR market, particularly in the […] More

Research and Markets predicts that the global aerospace market will be worth $352.5 billion within 10 years due to changing technologies, high replacement rates, increased aircraft size and growing population of high-net-worth individuals. The company said Thursday its new “Global Aerospace Market Trends and Forecast: 2014-2033” report analyzes emerging trends, drivers for growth and the competitive landscape, and includes market forecasts […] More

Research and Markets has projected the worldwide market for laser-based military systems to experience a compound annual growth rate of 7.97 percent over the next four years. The research firm said Friday changes in arms trade law, warfare strategy and consumer choice of weapon size will be the major driving factors behind the projected market growth […] More

An annual budget plan from the U.S. Air Force would set aside up to $7.1 billion for the military branch’s space programs in fiscal 2016, Reuters reported Monday. Andrea Shalal writes the Air Force plans to invest $938 million in the research, development and acquisition of a tenth Global Positioning System III satellite. The budget would […] More

A new Transparency Market Research report states that air-to-ground and surface-to-air missiles dominated the global smart weapons market in 2012, with further growth projected to give the market a value of $66.91 billion by 2019. The company said Thursday the market will achieve a compound annual growth rate of 10.3 percent from $34 billion in 2012 to reach the projected […] More