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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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The Missile Defense Agency recently conducted a demonstration of the Lockheed Martin-built naval component of its ballistic missile defense system, in collaboration with the U.S. Pacific Command and the U.S. Navy. In the Oct. 16 flight test, a medium-range Raytheon ballistic missile target launched from the Kauai-based Pacific Missile Range Facility was identified, located, engaged and […] More
Visiongain published on Oct. 10 a new report on the $238-billion homeland security market that forecasts renewed growth for prime markets in Europe and North America and a surge in demand from Asia and the Middle East. The market analyst said the industry is poised to go through an expansion as it takes in new […] More
Jay Stephens, Raytheon senior vice president, general counsel and corporate secretary, has won the first annual John G.L. Cabot Award for his advocacy of free enterprise principles. Stephens served as chair of New England Legal Foundation’s board of directors between 2007 and 2010, Raytheon said Friday. “No one epitomizes better than Jay Stephens the qualities that the John G.L. Cabot Award […] More
Eric Wieman serves as senior vice president of STG‘s civil sector, which comprises the software and systems development group, financial services group and the consulting and technical services group. Wieman joined the company in May as general manager of the systems design and development segment and now leads a business organization that offers software and systems design, development […] More
Research and Markets has unveiled a new report on environmental sensors that details trends and factors the firm believes could affect market development in the next several years. The firm forecasts a 5.4 percent compound annual growth rate from 2013 to 2018 for the industry in devices used to sense, monitor, detect or identify air, soil and water quality, conditions […] More
A new market analysis report from Visiongain says the air traffic control equipment is set for record growth in the next 10 years due to increased demand for air travel and an ever-crowded airspace. The “Air Traffic Control Equipment Market Forecast 2014-2024: Prospects for Next-Generation Air Traffic Control Systems, ADS-B, PBN and GNSS” report looked at several indicators and […] More
Research and Markets has released a new report that projects the cybersecurity market for U.S. federal agencies to grow 7.41 percent in value by 2018. The report covers the period of 2014 through 2018 and consideres the revenue from the sales of cybersecurity services to the Department of Homeland Security, Defense Department and the U.S. intelligence community, Research and Markets said Thursday. […] More
Strategic Defence Intelligence expects the growing demand for ISR systems and military technology advancements to fuel growth of the electronic warfare technology market over the next 10 years. The global EW systems market is forecast to achieve a 2.68 percent compound annual growth rate to be $13.2 billion in value by 2024, Strategic Defense Intelligence […] More
The use of thermal imaging technology for multiple applications has helped create a $3.1 billion industry as of 2012, according to a market analysis report by Research and Markets. Research and Markets said Wednesday the thermal imaging market is forecast to enjoy a compound annual growth rate of 9.76 percent from 2013 to 2019. The […] More
Research and Markets forecasts that the military laser systems market for the aerospace, defense and homeland security industries will reach a market value of $2.73 billion within the next six years. This 4.23 percent compound annual growth rate is due to increased research and development activity and a move toward self-sufficiency of some Asia-Pacific and European countries, the firm […] More
Tony Marceddo, a former program director at Raytheon‘s Australian arm, has joined Northrop Grumman as head of the M5 business in Australia and will oversee M5’s communications, cyber consultancy and cyber services portfolio. Northrop said Monday Marceddo will also head expansion efforts in export business opportunities for M5’s communications services to the international market. He will report to both Ian Irving, CEO of Northrop Grumman […] More
The Air Force could unveil the winner of a contract to build the branch’s long-range radar system as soon as next week, Reuters reported Wednesday. Andrea Shalal writes Pentagon acquisition chief Frank Kendall has approved the service’s Three-Dimensional Expeditionary Long-Range Radar procurement plan. Lockheed Martin, Northrop Grumman and Raytheon are all vying for the contract. The […] More
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