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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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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
Lockheed Martin has updated a command and control system for the Missile Defense Agency to evaluate at MDA’s missile defense integration and operations center. The Command Control, Battle Management and Communications System is designed to help commanders view missile threats, Lockheed said Wednesday. Rob Smith, vice president of C4ISR at Lockheed, said the company gave the system an update in order to […] More
A Research and Markets study projects the missile defense systems market will see a compound annual growth rate of 3.11 percent in the five years leading up to 2018. The projected increase is based on industry’s annual sales of self-guided and propelled missiles for military operations globally, Research and Markets said Tuesday. ATK, Boeing, BAE Systems, […] More
The global market for C4ISR – short for command, control, communications, computers, intelligence, surveillance and reconnaissance — is forecast to become a $133 billion industry by 2020, new research from ReportsnReports says. The market analysts said Monday that it expects the segment, currently valued at $102 billion, to have a compound annual growth rate of 4.52 percent […] More
A MarketsandMarkets report predicts the global market for C4ISR systems will grow at an annual rate of 4.52 percent over the next six years to $133 billion in value by 2020. Systems integration and interoperability requirements could drive market growth and industry is forecast to see higher demand for synthetic aperture radar, mobile, geospatial, cybersecurity, […] More
The Royal Air Force has collaborated with BAE Systems and Lockheed Martin to demonstrate the weapons handling system of F-35 short take-off vertical landing aircraft. BAE said Friday test pilots flew two F-35B fighters equipped with dummy Advanced Short Range Air-to-Air Missiles and Paveway IV laser-guided bombs during recent trials at Patuxent River Naval Air […] More
Boeing has delivered a new variant of its P-8A Poseidon surveillance plane to India under a contract signed in 2009 for eight P-8I aircraft to support the country’s maritime patrol activities. The company said Tuesday that the P-8I aircraft is a variant of the P-8A Poseidon that Boeing specifically designed for the Indian navy and fitted with locally built subsystems. […] More
Northrop Grumman has appointed Faith Jennings as communications director for the unmanned systems division and Vic Beck as communications director for the military aircraft group, both under the company’s aerospace systems business. “Communications to customers, employees, the media and other critical influencers is vital to our success, and Faith and Vic each bring deep industry knowledge and proven experience […] More
The market for electro-optical and infrared systems in the military will be worth $16.35 billion by 2020, according to a new MarketsandMarkets report. The analysis firm said Monday the figure represents a 7.71 percent year-over-year increase and is prompted by growing demand for EO/IR systems in surveillance platforms. Electro-optics are becoming popular in naval close-in weapons systems for threat detection […] More
Alex Heidt serves as a senior vice president and general manager at Alion Science and Technology, which he joined in March 2013 after service as SVP and GM at Harris Corp.’s information technology services business. Heidt has also served as a VP of Air Force programs at Harris and was responsible for profit-and-loss management, program execution, and business […] More
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
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