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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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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
DigitalGlobe has introduced a set of geospatial data and satellite imagery services designed to help security agencies and international governments improve the safety of athletes and audience for this year’s Summer Olympic Games in Rio de Jaineiro, Brazil. The Rio de Janeiro Summer Olympic Security Package includes the Basemap+Daily subscription service, Human Landscape database and Vricon‘s digital service […] 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 fresh Research and Markets report has projected the global autonomous underwater vehicles market’s growth to rise at 13.42 percent annually over the next five years, reaching $343.4 million by 2020. Research and Markets stated that the report expects the commercial, scientific and defense sectors to drive demand for AUVs, with commercial applications projected to […] 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
Lockheed Martin has invested $3 million into a new submarine combat system laboratory in South Australia that will work to support sustainment efforts for the country’s submarine forces. Lockheed said Friday the facility will also serve as a hub for collaboration between industry, government and academia to develop and design systems that address Australian national security and […] More
Research and Markets has launched findings of its report that sets the compound annual growth rate of the global man-portable military electronics market at 4.51 percent from 2014 to 2019. The report features an analysis of five tier-one market vendors and presents factors that Research and Markets believes will drive the market over the forecast […] 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
The competition for new fighter jets to replace Canada’s CF-18 fleet faces a refresh as the Liberal party prepares to take over government on Nov. 4, Reuters reported Monday. Randall Palmer writes that incoming Prime Minister Justin Trudeau has ruled out the purchase of Lockheed Martin‘s F-35 and indicated plans to place savings onto naval ships. Other bids on […] More
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