A new Research and Markets report projects the global military ammunition market to hit a compound annual growth rate of 1.52 percent from 2016 through 2026, buoyed by sustained procurement in defense spending countries. Research and Markets said Thursday that countries involved in conflicts and emerging economies involved in territorial disputes will drive the demand […] More

William Swanson, former chairman and CEO of Raytheon, has joined the board of directors of Pwnie Express, a developer of device threat detection technology for wired, wireless and connected devices. Swanson led Raytheon for nearly 10 years before he retired from the defense company in September 2014 after a 42-year career there, Pwnie Express said Wednesday. “Bill’s leadership […] More

A new Strategic Defense Intelligence report forecasts the worldwide market for  military armored vehicles and associated maintenance, repair and operations will reach a value of $32.4 billion by 2026 from $22.5 billion in 2016, at a compound annual growth rate of 3.71 percent. Efforts to provide protection and munitions to ground forces as well as threat from neighboring […] More

General Dynamics‘ U.K. land systems subsidiary and its partners completed live firing tests of a stabilized cannon and chain gun mounted on the U.K. army’s General Dynamics-built armored fighting vehicle. The team tested the CTA International-developed 40-millimeter cannon system integrated on the Ajax vehicle platform to record the recoil and blast stresses and other aspects of the firing, General Dynamics said Wednesday. The […] More

A new Visiongain report forecasts the demand for military armored vehicles worldwide to reach $12.4 billion in 2015. The report covers armored vehicles that are designed to endure mines and improvised explosive devices, Visiongain said Friday. Visiongain also presents in the report the global and national shares of the armored vehicle market from 2015 through 2025, […] More

Spain has awarded General Dynamics’ Spain-based branch company Santa Barbara Sistemas a $99 million contract for research-and-development work on an 8×8 armored vehicle prototype, Defense News reported Saturday. Esteban Villarejo writes Spain seeks a replacement for the 6×6 BMR armored vehicle and U.S.-made M-113 armored personnel carrier. General Dynamics has proposed its Piranha Class 5 platform for Spain’s armored vehicle […] More

A new report by Visiongain indicates a slowdown in defense spending on military land vehicle electronics over the next year due to the end of ground troop deployments to Afghanistan and Iraq. The market will stall in North America and most of Europe, but Visiongain said Tuesday that modernization programs in Australia and France will help the market reach […] More