Japan, South Korea and China are emerging as new manufacturing hubs for military naval vessels, a new report from Frost & Sullivan revealed. The analyst said Thursday that shipbuilding would remain a domain of Western Europe, the United States and Russia but that Asia-Pacific countries are tightening their hold on the market as they slowly start […] More

Frost and Sullivan has released a study that predicts the U.S. healthcare cloud market will reach $3.5 billion by 2020, iHealthBeat reported Friday. Shruthi Parakkal, healthcare research analyst at Frost and Sullivan, cited several results of cloud migration as information technology staff management, reduced upfront costs, operational efficiency, on-demand data access and deployment, according to the report. The report indicates stakeholders are […] More

A new Frost & Sullivan report projects the government sector to be among the sources for new options to expand the world’s $9 billion wound care market. The market analyst urged wound care manufacturers to watch the public health industry for direction in advanced treatment and cost management. “The biggest opportunity for wound care manufacturers and suppliers will emerge from […] More

Revenues of the global military unmanned aerial vehicles market are projected to grow from $3.87 billion last year to $5.26 billion by 2022, according to a report by Frost & Sullivan. The market analyst said Wednesday that long-endurance UAV systems and advanced propulsion technologies could shape the market’s future growth. Frost & Sullivan predicts the sector would […] More

A report from Frost & Sullivan forecasts that annual revenue for military land vehicles worldwide will grow from $23.55 billion in 2013 to $30.33 billion by 2022. The market research firm also projects that spending on tactical ground vehicles will surge in the medium to long term as economic pressures subside globally, Frost & Sullivan […] More

Frost & Sullivan‘s newest Global Defense Outlook study projects defense procurement activities to grow by $60 billion between 2013 and 2018 due to equipment nearing end-of-life and requiring maintenance, repair and similar work. The business consulting firm said Thursday most spending and demand in 2013 were on C4ISR equipment such as radars and sensors, although recent economic […] More

Frost & Sullivan has released a new study indicating a rise in demand for video analytics services to process and transmit full motion video files to U.S. troops for real-time ground intelligence. The research estimates the defense budget for the U.S. intelligence, surveillance and reconnaissance video analytics market will decline from $1.2 billion in 2012 […] More

Raytheon has completed factory qualification test on the launch and checkout system of an operational control system the company developed for the U.S. Air Force‘s GPS satellite constellation. The company said Tuesday it tested 74 segment requirements of the GPS Next-Generation Operational Control System to verify whether LCS meets Air Force standards. Bill Sullivan, vice president and program manager […] More

Raytheon and the U.S. Air Force have conducted an initial qualification test on a ground-based satellite launch-and-checkout platform the company has built as part of the GPS Next-Generation Operational Control System. The company said Tuesday the LCS system is designed to help the military service manage the launch and early-orbit checkout phases of GPS III satellites. The Air Force tested the platform in […] More

Image by Kristi Blokhin from Shutterstock.com Raytheon Technologies is a leading aerospace and defense company and manufacturer of technologies for mission-critical operations. The company’s primary customer is the Department of Defense, providing the military with the latest equipment and services. Take a look at Raytheon Technologies’ leaders, founders, and executives. About Raytheon Technologies Image from […] More

President Joe Biden held a virtual meeting on Monday with Deputy Defense Secretary Kathleen Hicks, Lockheed Martin CEO Jim Taiclet and other corporate executives to call for the passage of a bill that seeks to increase semiconductor production in the U.S., Defense News reported Monday. “The CHIPS-Plus Act will help us substantially return leading-edge microelectronics […] More

Frost & Sullivan‘s new study projects that developers of surface-to-air missile systems will see an increased demand for modernization, due to expected growth in the SAM market through 2023. The SAM market is growing because of several factors, including the frequent missile attacks in the Middle East, North Korea’s long-range missiles tests and China’s expansion […] More