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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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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
Raytheon has been awarded a 27-month, $15.5 million contract to develop an open architecture for the U.S. Navy’s P-8A Poseidon maritime patrol aircraft. The company will produce application-based systems for airborne commercial-off-the-shelf computing, services-oriented architecture and infrastructure, and software-based mission applications, Raytheon said Feb. 17. “The goal is to use readily available technology to quickly upgrade […] 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
A new Strategic Defense Intelligence report projects the global unmanned aerial vehicle market’s compound annual growth rate at 5.66 percent from 2015 through 2025, with autonomous combat vehicles to dominate the market. The report predicts North America and Europe to account for more than 67 percent of the UAV market over the next 10 years, ReportsnReports […] More
Marillyn Hewson, CEO of Lockheed Martin, said she believes the company’s teaming agreement with Boeing to pursue a U.S. Air Force bomber development contract represents a “very important opportunity” for both companies, Air Force Times reported Wednesday. Brian Everstine writes the Air Force’s upcoming competition would pit the Boeing-Lockheed team against Northrop Grumman, the incumbent […] More
Boeing could receive $15.6 billion over the next five years to fund the production of modified 767 jets for the U.S. Air Force‘s aerial refueling operations, Bloomberg reported Thursday. Tony Capaccio writes that the Defense Department is requesting $2.95 billion for fiscal 2016, $3.22 billion for fiscal 2017 and $3.1 billion for fiscal 2018 through 2020 for its KC-46 tanker program. […] 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
3D Systems has landed two contracts worth more than $1 million to help the U.S. Air Force build three-dimensional printers for aerospace and defense technology manufacturing. The Air Force Research Laboratory will finance both 3D printing projects while America Makes: National Additive Manufacturing Innovation Institute will manage the programs, 3DS said Tuesday. Under the first […] More
Kelly Collins, a more than 30-year enterprise technology professional, has joined Digital Reasoning as president of the cognitive computing firm’s public sector business. Digital Reasoning also named two-decade U.S. Navy veteran Dan Dzenitis a sector vice president for business development, the company said Tuesday. Collins will oversee the organization’s customer services and strategic partnerships across […] 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
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