The market for electro-optical and infrared systems in the military will be worth $16.35 billion by 2020, according to a new MarketsandMarkets report. The analysis firm said Monday the figure represents a 7.71 percent year-over-year increase and is prompted by growing demand for EO/IR systems in surveillance platforms. Electro-optics are becoming popular in naval close-in weapons systems for threat detection […] More

Northrop Grumman has recognized its suppliers for their contributions to the company’s information systems sector. The company held its annual recognition ceremony on Thursday in McLean, Virginia to honor 26 companies with the 2014 Supplier Excellence Awards, Northrop said Monday. “This is a highly competitive award and we are pleased to honor each of the recipients for their exceptional contributions to our […] More

The use of thermal imaging technology for multiple applications has helped create a $3.1 billion industry as of 2012, according to a market analysis report by Research and Markets. Research and Markets said Wednesday the thermal imaging market is forecast to enjoy a compound annual growth rate of 9.76 percent from 2013 to 2019. The […] More

A new Research and Markets report forecasts that the value of the electro-optical market will grow from $11.76 billion in 2014 to $14.03 billion in 2020 at a compound annual growth rate of 2.98 percent. The market research firm said Monday that growth is attributed to ongoing upgrade and replacement projects in the defense, homeland security and aerospace […] 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

Bill Lynn, DRS Technologies and Finmeccanica North America chief executive officer, urges the U.S. government and the defense industry to collaborate on establishing acquisition reform, fostering globalization and consolidating industry operations. Lynn, who is a former deputy secretary of the Defense Department, wrote Tuesday in Breaking Defense that the above actions are expected to ensure that the […] More

William Lynn, DRS Technologies‘ chief executive, said a Center for a New American Security report suggests that regulatory and industry reforms are needed to help U.S. military equipment suppliers compete in the global marketplace, Reuters reported Friday. Andrea Shalal writes that Lynn helped spearhead a CNAS task force that worked to assess the future of […] More

Cubic Corp.’s defense systems subsidiary has won a more than $5 million contract to provide a training system to Morocco’s air force under a foreign military sale agreement with the U.S. Cubic Defense Systems’ P5 combat training system will be used to train the Moroccan Air Force’s pilots on the F-16 aircraft operation, Cubic said […] More

Neil Albert serves as vice chairman of MCR‘s board of directors where he oversees strategic growth, business development, community outreach and a number of other company functions. The 26-year company veteran is the former president and CEO and has served in many leadership roles at the McLean,Va.- based firm including VP and director. Albert caught […] More

An Aerojet Rocketdyne-made propulsion system worked to lift off an Atlas V rocket that carried a NASA communications satellite into space recently. Aerojet Rocketdyne provided 12 monopropellant thrusters, helium presurrization tanks and the RL10A-4-2 engine used on the rocket’s Centaur upper-stage structure, the company said Friday. NASA’s Tracking and Data Relay Satellite spacecraft launched from […] More

Boeing’s tracking and data relay satellite has transmitted its first signals from space after its launch on Jan. 23. The TDRS-L is the fifth satellite that Boeing built for various NASA operations involving the International Space Station, researches on the Earth’s climate and deep space study using the Hubble Telescope, Boeing said Thursday. Craig Cooning, […] More

Dr. Melvin Greer serves as senior fellow and chief strategist for service-oriented architecture and cloud computing at Lockheed Martin, where he brings more than 25 years of experience leading systems and software engineering efforts to the contractor’s advanced technology office. Greer is a principal investigator in advanced research studies, and has dedicated his efforts towards […] More