Research and Markets projects the global directed-energy weapons market to achieve a 23.16 percent compound annual growth rate through 2018 as defense budgets and research and development activity increase in certain countries. The market research firm says that research-and-development work will respond to growing demand for new military weapons designed to cause minimal collateral damage. BAE Systems, Boeing, Raytheon and Textron will be […] More

MarketsandMarkets has released a new report that projects the air traffic control equipment market to be worth approximately $5.5 billion in 2020. The report, which analyzes the market’s growth by geography and country between 2014 and 2020, indicates that the air traffic market will double in value over the next 15 years, MarketsandMarkets said Thursday. Airport construction projects […] More

An ASDReports.com report estimates the market value for military electro-optical and infrared systems stands at about $8.38 billion and would continue to grow for the next 10 years. The business intelligence firm said Monday the sector could enjoy steady growth through 2024 due to the growing military applications of EO/IR technology. Adoption of smaller and […] More

Research and Markets has released a new report that predicts the military radar global market could reach a total value of $8.4 billion by 2019 from the $6.9 billion recorded in 2012. Increased demands from the army, navy and air force services, as well as emergency responders have spurred the military radar market’s growth worldwide, Research and […] More

Mark Aslett, CEO of Mercury Systems, predicts the company will be open to acquisitions in the digital signal processing modules market during the next year, the Boston Business Journal reported Tuesday. David Harris writes Aslett said the firm could expand its portfolio by purchasing companies with radio frequency or microwave offerings for electronic warfare. The […] More

A new Research and Markets report forecasts a 4.2 percent compound annual growth rate for the global ammunition market by 2020 due to modernization programs and ongoing conflicts in some parts of the world. The market research firm said Tuesday that ATK, BAE Systems, General Dynamics, Nammo and Raytheon could lead the market as it shifts focus from the west to Asia-Pacific and the Middle […] More

Talha Zobair, formerly senior tax counsel and director of global taxes at Raytheon, has joined Northrop Grumman as vice president of tax. Zobair will report to James Palmer, corporate vice president and chief financial officer, and start in the tax VP role on Aug. 18, Northrop said Monday. “I am pleased Talha is joining the Northrop Grumman […] More

John Kennedy, formerly vice president of global business services at IBM, has joined Xerox Corp. as chief marketing officer and corporate VP. He most recently led IBM’s marketing and demand generation within the company’s business services division, Xerox said Monday. “John brings a global view and a proven track record of success changing brand perception […] More

As executive vice president and chief technology officer at CACI International, Deb Dunie oversees work to develop and advance the company’s technology infrastructurer. Prior to CACI, she served as director of plans and analysis within the Office of the Under Secretary of Defense for Intelligence and was responsible for reviewing activities and programs related to U.S. national […] More

MBDA and Mitsubishi Electric are undertaking a preliminary deal to develop midrange missiles for the F-35 fighter jets as part of the Japanese government’s efforts to establish international defense procurement partnerships, Reuters reported Thursday. Tim Kelly and Nobuhiro Kubo report the deal would be the first to involve using Japanese-built parts for missile exports as Prime Minister Shinzo Abe’s administration continues […] More

An industry team led by Lockheed Martin is working to establish a link between battle management systems used by the Missile Defense Agency and U.S. Army. The Missile Defense National Team is developing the C2BMC (command, control, battle management and communications) system to unify disparate ballistic missile defense elements, Lockheed said Thursday. “Potential air and ballistic missile threats […] More

Michael Harper, deputy chairman and senior independent director at QinetiQ, will succeed the retiring Noreen Doyle as as chairperson of the board of directors’ remuneration committee next month. QinetiQ Chairman Mark Elliott thanked Doyle for her leadership in international business and corporate finance and noted her contributions as a non-executive director since October 2005 and remuneration […] More