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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Research and Markets has released a report that forecasts the global generator market for military and defense sector to reach a compound annual growth rate of 4.5 percent from 2016 through 2020. The report projected a decline in the need for backup power generators in military installations caused by electric power supply coming from renewable […] More
The Center for a New American Security has appointed nine executives from the defense, consulting and financial industries to the organization’s board of advisers. CNAS said Thursday that each appointee will serve a three-year term and aims to help inform the debate over U.S. national security issues. “Their engagement on key topics will be invaluable to furthering […] More
The Consolidated Afloat Networks and Enterprise Services program has achieved full deployment approval after Frank Kendall, acquisition chief at the Defense Department, signed an acquisition decision memorandum on the CANES program, Chips magazine reported Friday. Steven A. Davis writes the CANES program aims to reduce shipboard network workload through information technology modernization and consolidation of data, voice, […] More
A Kratos subsidiary has received a $32 million task order to engineer a high-energy laser system for the U.S. Army. Digital Fusion Solutions will work to integrate and test the system, provide training to users and maintain the laser under the contract, Kratos said Tuesday. “We are very excited with this win because it enables […] More
A new Visiongain report forecasts the global military aircraft maintenance, repair and operations market will hit $49 billion in value in 2015. Visiongain said Friday the increasing adoption of new fighter aircraft among tier-one market players would spur growth in the industry. The 2015-2025 forecast covers maintenance aspects in operations and field, heavy airframe, heavy engine, […] More
Cubic will showcase various air combat training technologies at the Paris Air Show set to take place in France from June 15 to 18. Bill Toti, president of Cubic’s global defense segment, said Thursday the company’s air combat training systems are designed for use in “live training management, engagement adjudication [and] post mission analysis.” Event attendees will be […] More
The State Department has given Egypt the go-ahead to buy from the U.S. a sensor security platform, related components and services for use in border security monitoring operations under a potential $100 million foreign military sales agreement. Lockheed Martin, Northrop Grumman and DRS Technologies will act as primary contractors for the sale, which covers sensor surveillance […] More
Terry DeRosa currently serves as executive vice president and chief financial officer of IAP Worldwide Services, a provider of facilities management, logistics, professional and technical services based in Florida. DeRosa has held his current positions since July 2014 and has more than 30 years of leadership experience in financial and operations management. He previously served as EVP and […] More
A new report from ASDReports expects advancements in sensor technologies to influence the military electro-optic/infrared systems market in the coming years. The market analyst said EO/IR systems will register a year-over-year growth of 7.71 percent to become a $16.35 billion industry by 2020, driven by increased use in surveillance operations and as part of a close in weapons system. […] More
A new Research and Markets report forecasts that the market for military electro-optical and infrared systems will climb in value at a 7.71 percent compound annual growth rate to reach $16.35 billion revenues by 2020. The company said Thursday that strategies to establish uncontested market space and increased military spending will drive fast-paced growth for the EO/IR market, particularly in the […] More
BAE Systems will provide the U.S. Army with engineering, manufacturing and development and low-rate initial production support for the Armored Multi-Purpose Vehicle under a potential $1.2 billion contract. The company said Tuesday that it will produce 29 AMPVs for the EMD phase of the project and another 289 units for the LRIP phase to replace the Army’s fleet of M113 armored […] 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
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