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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A Technavio study, released by Research and Markets, forecasts the global market for tactical anti-tank missile systems will grow from 2016 through 2020 at a 3.98 percent compound annual growth rate. The 71-page market research report indicates that new updates to anti-tank missiles will fuel the market growth over the forecast period while thermal management of missile systems will present […] More
A Grand View Research report predicts the global military radar market will reach $13.78 billion in value by 2024 due to an increasing demand for border safety. The use of radar technology in weapon guidance, air traffic control and collision avoidance systems is also projected to drive market growth, Grand View Research said Thursday. The projected growth will also be driven by a demand for […] More
Research and Markets predicts that the radar security market will continue growth to reach a value of $25.17 billion by 2022 at a compound annual growth rate of 5.9 percent as demand for the technology increases. Countries interested in radar security systems to protect their borders and critical infrastructure will help drive market growth, the market research company said […] More
Alan Williams, former assistant deputy minister of materiel at the Canadian defense department, has said he believes Canada’s CF-18 Hornet fighter aircraft fleet should be replaced through an open competition among vendors, the Toronto Star reported Tuesday. “If you really think that there is some kind of urgency and there is a capability gap, the fastest […] More
Boeing, Lockheed Martin, Dassault Aviation, Eurofighter and Saab Group have separately responded to Canada’s call for information on potential new fighter aircraft to replace the country’s aging CF-18 fleet, the Toronto Star reported Saturday. Bruce Campion-Smith writes Friday was the deadline for submission to a questionnaire about the costs and technologies of the respondents’ aircraft offerings. “Government officials are now […] More
A joint bid by BAE Systems and its partner Patria has been selected as one of the two offers to participate in a one-year risk mitigation effort as part of the second phase of the Australian army’s combat reconnaissance vehicle program. BAE’s Australian arm and Patria proposed the AMV35 vehicle for the Land 400 Phase 2 program, BAE said […] More
Leonardo-Finmeccanica and Bittium will showcase their military radio platforms at the five-day Eurosatory Defense and Security International Exhibition that kicked off Monday in Paris. Leonardo-Finmeccanica said Monday it will demonstrate how its Swave software-defined tactical radio and Bittium’s Tactical Wireless IP Network system could establish a network through a common high data rate waveform. The European HDRWF […] More
A MarketsandMarkets report forecasts the airport and marine port security market’s value will grow from $53.84 billion this year to $110.52 billion in 2025, representing an 8.3 percent compound annual growth rate. The research firm said Friday the market growth will be driven by governmental efforts to implement advanced security systems at various ports of entry. The surveillance technology segment is projected […] More
Denmark’s government has issued a recommendation for the military to purchase $3 billion in Lockheed Martin-built F-35 fighter jets to replace the country’s legacy F-16 jets that are slated for retirement, Defense News reported Wednesday. Lara Seligman and Gerard O’Dwyer write that Denmark’s legislature will debate the blueprint for close to a month before the country arrives at a final decision. […] More
Praxis Aerospace Concepts International has partnered with Griffiss International Airport in Oneida County, New York in an effort to help NASA explore methods for the safe integration of unmanned aerial vehicles into the national airspace system. PACI said Monday it will support a UAV test site at Griffiss International Airport under a potential five-year indefinite-delivery/indefinite-quantity contract that Oneida […] More
MarketsandMarkets‘ new report on the global counter-drone systems market states that the anti-drone industry is projected to reach $1.14 billion by 2022 and achieve a 23.89 percent compound annual growth rate from 2017 to 2022. ReportLinker said Monday counter-drone systems, particularly electronics systems, will play an increasingly significant role in the coming years to fight illegal drone activity. Incidences of security breach, […] More
A Northrop Grumman subsidiary based in Germany has worked with Saab Aerosystems to develop a navigation, flight guidance and control system for an unmanned combat air vehicle prototype that flew over France, Italy and Sweden in flight tests. Northrop Grumman LITEF helped build the Attitude and Heading Reference System for the nEUROn drone that a six-country cooperative developed as an experimental, stealth platform to help build and test […] More
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