Iridium Communications has completed the integration of communication and surveillance payloads with the Iridium NEXT satellite. The company said Monday it will send the satellite with the integrated Aireon-hosted tracking payload for aircraft surveillance to Thales Alenia Space in Cannes, France for final qualification testing. The integrated module is part of the 66 low-Earth orbit satellites that will […] More

MarketsandMarkets has forecast in a new report that the Internet of Things within the transportation market will reach $143.93 billion worth by 2020 as the sector’s research and development programs continue to expand. MarketsandMarkets said Monday that the IoT software plays a large role in the transportation sector due to the properties’ resistance to environmental conditions and […] More

General Dynamics‘ Canadian land systems business has awarded DRS Technologies an eight-year, $100 million contract to produce surveillance radars for installation on Canada’s light armored vehicles. DRS will build long-range, mast mounted surveillance systems and operator control stations under the Canadian army’s Light Armored Vehicle–Reconnaissance Surveillance System development initiative, DRS said Tuesday. The company partnered […] More

Visiongain forecasts that the global cybersecurity market will reach a value of $75.4 billion by the end of 2015 due to continued cyber issues and legislation and investment activity focused on cyber capabilities. The company said Tuesday its latest report on the market covers an analysis of cybersecurity growth through 2025 across the network, data, endpoint, application, cloud security, identity management and […] More

A Forecast International study estimates the production value of remote sensing satellites will reach $27.2 billion by 2024 due to an increasing demand for Earth imagery products in both government and commercial sectors. Manufacturers are projected to build more than 200 satellites equipped with remote sensing technology over the next decade, the research firm said […] More

A new report by IHS indicates that the global defense market saw increased trading activity for the sixth consecutive year, a 13.4 percent growth rate from $56.8 billion in 2013 to $64.4 billion in 2014. “This record figure has been driven by unparalleled demand from the emerging economies for military aircraft and an escalation of regional […] 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

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 and Boeing have teamed up to develop a C5I (command, control, communications, computers, cyber and intelligence) system for the Royal Saudi Air Force in a move to help the service modernize its command and control platform. ThalesRaytheonSystems, a joint venture between Raytheon and Thales, and Raytheon Atheeb Systems, Raytheon and Atheeb Group’s joint venture […] More

A new Research and Markets report forecasts that the market for military electro-optical and infrared systems will climb in value at a 7.71 percent compound annual growth rate to reach $16.35 billion revenues by 2020. The company said Thursday that strategies to establish uncontested market space and increased military spending will drive fast-paced growth for the EO/IR market, particularly in the […] More

A new Research and Markets report has forecast a sonar systems and technology market worth $4.90 billion by 2020 from $3.41 billion in 2014. The report tackles various factors that influence market dynamics and examines the technology’s landscape in more than 12 countries, Research and Markets said Tuesday. The market analyst noted that tier-one market players, including Ultra Electronics, Thales Underwater Systems and Kongsberg […] More

Research and Markets has projected the worldwide market for laser-based military systems to experience a compound annual growth rate of 7.97 percent over the next four years. The research firm said Friday changes in arms trade law, warfare strategy and consumer choice of weapon size will be the major driving factors behind the projected market growth […] More