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

A BAE Systems-led consortium of companies has inked an agreement with the U.K.’s defense ministry for the assessment phase of a program to modernize the British army’s main battle tanks. BAE Systems said Thursday it will lead the Team Challenger 2 team which will collaborate with the Ministry of Defence to develop options for system replacement […] More

A report from research firm Visiongain estimates that global revenue for military land vehicle electronics will reach $3.3 billion this year. The company’s “Military Land Vehicle Electronics Market Report 2016-2026” report also predicts that technology development efforts will help drive sales growth for the sector over the next 10 years, ReportBuyer said Monday. Vistronics also forecasts China will experience a significant increase […] More

The South Australian government looks to establish a defense technology center dedicated to integrating and supporting land combat systems for Australia’s military, the Lead South Australia reported Tuesday. Jim Plouffe writes Jay Weatherill, premier of South Australia state, said the proposed Land Integration and Innovation Center will be built at Edinburgh Parks and will use an agile approach to address […] 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

Lockheed Martin and Elbit Systems have partnered to compete for a contract to update the U.K. army’s fleet of Challenger 2 tanks. The U.K. subsidiaries of Lockheed and Elbit Systems will submit a bid to the U.K. defense ministry to extend the British army’s main battle tanks through 2035 under the Life Extension Project, Lockheed […] More

The U.K. military has selected MBDA to demonstrate a capacity to field laser-directed weapons that can potentially urge the country’s navy and other services to utilize similar systems, Defense News reported Sunday. Andrew Chuter writes MBDA leads a bid team called UK Dragonfire that includes BAE Systems, Leonardo-Finmeccanica, Marshall Defense and Aerospace and Qinetiq to develop a solid state high power demonstrator weapon […] More

  Babcock‘s proposed system for the British defense science and technology laboratory’s Laser Directed Energy Weapon Capability Demonstrator program will incorporate the Raytheon-built Phalanx air defense technology, Flightglobal reported Thursday. Beth Stevenson writes the LDEW-CD competition seeks a 20-millimeter laser-equipped Gatling machine gun designed to counter potential airborne threats, including unmanned aircraft systems, to naval ships. The report said the Babcock offering […] More

The U.S. Army is testing a range of vehicle-mounted systems that feature radar, computer processing, fire control technology and interceptors to detect and destroy enemy fire, Scout Warrior reported Tuesday. Kris Osborn writes the Army is looking at both domestically produced and allied international technologies to take part in the Modular Active Protection Systems program. The service branch wants […] More

A new Research and Markets report forecasts the worldwide market for missiles and missile defense platforms to grow from $23.7 billion in 2015 to $36 billion by 2025. The company said Wednesday it predicts the Asia Pacific region to spend $129.9 billion over 10 years on such weapon systems and gain a market share of […] 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

New Research and Markets reports predict Asia-Pacific and North America to dominate the global markets for military radar, satellites and command, control, computers, communications, intelligence, surveillance and reconnaissance platforms over the next decade. Research and Markets said Monday spending on military radar tools in North America and Asia Pacific will account for at least 72 percent […] More