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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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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
A new Research and Markets report has predicted the global small drones market to hit $10.04 billion in value by 2020 as demand for commercial application increases. Research and Markets said Wednesday defense and commercial sector operations and tasks that use small drones increase over the past 10 years following the advancements in payloads technology. […] More
Raytheon will confirm on Monday its partnership with Alenia Aermacchi and CAE to compete for the U.S. Air Force‘s T-X trainer replacement contract, Defense News reported Tuesday. Aaron Mehta and Lara Seligman write Raytheon likely will hold a prime role on the team, which will propose a variant of Alenia’s M-346 aircrew training system for the competition. General […] More
Visiongain’s new report predicts that the military unmanned maritime vehicles market will be worth $810.9 million by the end of 2016. The company said the growth is due to the increased technological development and crossover between commercial and military needs. “Globally, militaries are turning to UMVs to augment their manned capabilities,” said Sophie Hammond, Visiongain’s […] More
A new Research and Markets report predicts the global military radar systems market will experience a 4.05 percent compound annual growth rate from 2014 to 2019. New developments in the gallium nitride technology used in solid-state power amplifiers are expected to drive the military radar systems market, Research and Markets stated. According to the report, […] More
A new Research and Markets report predicts the training and simulation market in the U.S. will decline by 0.14 percent year over year from 2014 through 2019. The report cites a growing trend in curved cobra display implemented in flight simulators for joint terminal attack controllers training, tank simulation, flight simulation and vehicle training, Research […] More
Northrop Grumman is talking with countries in the Persian Gulf, North Africa and Asia on potential purchases of the country’s E-2D Advanced Hawkeye aircraft despite the United Arab Emirates’ decision to not buy that plane, Reuters reported Friday. Andrea Shalal writes the UAE agreed earlier in the week to purchase $1.27 billion in Saab-built early warning planes. Northrop officials told Reuters Japan […] More
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