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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Northrop Grumman has received a potential $50.1 million contract to manufacture nose shell assemblies and transducer arrays for the U.S. Navy‘s MK 48 torpedo. The company said Thursday it will produce 45 torpedo components under the contract’s base term worth approximately $9.6 million. Northrop would build up to 180 additional components over five years if the […] More
L-3 Communications has received a potential $23.2 million contract from the U.K. ministry of defense to provide a joint common remote viewing terminal for a new British military communications program. UK MOD will adopt the remote viewing terminal to consolidate its intelligence, surveillance, target acquisition and reconnaissance platforms with strike capabilities and maritime platforms, L-3 said Monday. The terminal uses […] 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 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
A new Research and Markets report forecasts that the value of the electro-optical market will grow from $11.76 billion in 2014 to $14.03 billion in 2020 at a compound annual growth rate of 2.98 percent. The market research firm said Monday that growth is attributed to ongoing upgrade and replacement projects in the defense, homeland security and aerospace […] More
A joint venture of Sparton Corp. and USSI have won manufacturing subcontracts worth $13.3 million to support multiple international awards for exercises planned with the U.S. Navy. Specifically, ERAPSCO/Sonobuoy TechSystems will provide Sparton $5.6 million worth of manufacturing subcontracts and another $7.7 million to USSI to detect, classify and localize adversary submarines for peacetime and […] More
Northrop Grumman will collaborate with several Australia-based companies on aerospace and defense projects as part of efforts to bolster the company’s presence in the country. The U.S. contractor awarded a number of subcontracts to businesses through a global supply chain deed program run by the Australian Defence Materiel Organisation, Northrop said Wednesday. “Awards to these outstanding […] More

Ray Munoz, formerly a board member and chief executive officer of Safran Data Systems, has been named CEO of Spectra Aerospace & Defense, a Georgia-based producer of advanced rugged electronics services for aerospace and defense platforms. Spectra said Monday that Munoz brings to the role 25 years of leadership experience in the international aerospace and defense markets and technical experience from his over five years of military service in the U.S. Navy.

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For centuries, humanity has harbored a profound desire to venture into the vast expanse of space. In recent years, a number of space and mission companies have emerged, dedicated to advancing the frontiers of space exploration and developing new space technologies. These companies have been actively engaged in various initiatives, from conducting scientific research and […] More
The top government contracts won by Advanced Research Projects Agency–Energy (ARPA–E) give emerging enterprises sufficient investment to develop innovative technologies for the United States’ energy needs. The agency handles a range of programs and contracts, triumphing in unique methods to generate, store, and use energy.   7 Top Government Contracts Won by Advanced Research Projects […] More
A Platform Aerospace-developed unmanned aircraft system broke the world record for unrefueled flight after flying for eight straight days over Edwards Air Force Base in California. Vanilla Unmanned took off from Rogers Dry Lakebed on Sept. 24 equipped with a communications relay system and a ballast to carry other sensors and continued flying through Saturday, […] More
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