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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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The homeland security market will see a compound annual growth rate of 9.86 percent through 2019 due to increasing demand for public safety and security technologies amid terrorist attacks, ReportsnReports.com says in a new report. The firm said Sunday the need for quick response from law enforcement to threat incidents will drive the demand for border, aviation, maritime, counterintelligence, homeland defense and […] More
MarketsandMarkets has projected the global electronic warfare market will expand from $17.7 billion in 2014 at a 5.37 compound annual growth rate to reach $24.3 billion by 2020. The research firm said Friday modern EW systems are built with digital and signal processing technology and that smaller EW platforms for unmanned aerial vehicles and patrol […] More
A new MarketsandMarkets report predicts that the market for air traffic control equipment will be worth $5.52 billion by 2020 through a compound annual growth rate of 4.82 percent as air traffic continues to rise. The market research firm said Thursday the growth in demand for air traffic control equipment is due to airport expansions resulting from increased aircraft […] More
Darryle Conway has served as vice president of business development at PAE since October 2011. Prior to this role, Conway oversaw Raytheon‘s security technology offerings in the U.S. government and international markets as a business development executive within its technical services unit. He has also directed strategic planning and business development activities at the homeland […] More
Research and advisory firm ExecRank has unveiled its annual list of 250 of the “Top CIOs for 2014,” a ranking of chief information officers across all industries that evaluates these leaders across 24 different categories. For this exercise, ExecRank says it developed a series of algorithms over three years to measure executive performance and predict future executive […] More
New analysis from Research and Markets has forecast a 4.52 percent year-over-year growth for the $102 billion C4ISR market from 2014 to 2020. The market report singled out the electro-optics subsector fueling demand for intelligence, surveillance and reconnaissance equipment in the defense, aerospace and homeland security segments, Research and Markets said Wednesday. Electro-optics is used […] More
A new report by Visiongain indicates a slowdown in defense spending on military land vehicle electronics over the next year due to the end of ground troop deployments to Afghanistan and Iraq. The market will stall in North America and most of Europe, but Visiongain said Tuesday that modernization programs in Australia and France will help the market reach […] More
Lockheed Martin is looking to expand the market of its naval combat systems to other regions such as South America and Europe, Defense News reported Dec. 31. David Pugliese writes that as part of the push, the contractor is studying to make an offer to extend the life of Greece’s German-designed Meko200 frigates. “There’s obviously […] More
Lasers could become one of the most sought-after technologies in defense as manufacturers work to improve their accuracy, power and versatility in ever-smaller form factors, the Washington Post reported Friday. Christian Davenport writes lasers could soon join the U.S. arsenal alongside see-through head-up displays and electricity-conducting military uniforms and exoskeleton suits. Ray Johnson, chief technology officer at […] More
The U.S. Army plans to launch a Raytheon-built cruise missile detector at the Aberdeen Proving Ground next week to test the system’s integration capabilities with NORAD command and control nodes. The radar system, a component of the Army’s Joint Land Attack Cruise Missile Defense Elevated Netted Sensor program, is housed in a tethered airship that will […] More
Lockheed Martin has deployed its Skunk Works Enterprise Open Systems Architecture to integrate multiple sensors that are compliant with the U.S. Air Force‘s Open Mission Systems standard into the U-2 reconnaissance aircraft. The company said Dec. 10 that the three-week flight test series utilized Lockheed’s mission management software, an IP-based data link and four OMS-compliant sensor payloads to perform mission operations. Rob Weiss, […] More
Transparency Market Research has released a report that predicts the global military radar market will reach $8.44 billion in worth in 2019. The increase represents a 2.9 percent compound annual growth rate from the $6.9 billion recorded in 2012, Transparency Market Research said Thursday. Security and economic concerns, strategic alliances, border protection issues, growing government defense investments and increasing demand […] More
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