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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Ed Swallow, a 12-year Northrop Grumman veteran, will join The Aerospace Corp. on April 4 as vice president of the nonprofit organization’s civil and commercial group. The nonprofit organization said Thursday it also appointed Randy Kendall, vice president of civil and commercial operations, to succeed the retiring Ray Johnson as VP of the space launch business area on July 1. […] More
Lt. Gen. Ellen Pawlikowski, the U.S. Air Force deputy for acquisition, said the military branch expects to complete the process of certifying SpaceX‘s Falcon 9 rocket in June, Reuters reported Tuesday. Pawlikowski told Andrea Shalal that she believes the Air Force could further leverage commercial launch services if the branch opens up competition in military […] More
A fresh Research and Markets report forecasts that demand for cloud-based security services will propel the global aviation cybersecurity market to a compound annual growth rate of 5.94 percent from 2014 through 2019. Research and Markets said Friday end-users are turning to cloud-based security services due to ease of management. “Cyber threats are a major concern […] 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
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
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