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

Lockheed Martin has unveiled the first F-35A fighter jet for the Italian air force at a final assembly and check out facility in Cameri, Italy. It is the first of eight F-35As being integrated at the site and is slated to take a maiden flight later this year, Lockheed said Thursday. Lockheed and Finmeccanica‘s Alenia […] 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 Research and Markets report states that the global military airlift market will decline at a 0.43-percent compound annual growth rate through 2019 due to high acquisition and operations costs for military transport aircraft. The company said Wednesday current trends in the market include the development of smaller aircraft for carrying supplies or military personnel or supporting […] 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

Iridium Communications has completed the initial test phase on the primary functions of the Thales Alenia Space-developed Iridium NEXT platform software ahead of the first satellite launch this year. Iridium said Tuesday this testing phase is the first of a series of tests on the platform software’s systems integration and other functions to check Iridium NEXT’s operational autonomy. “Completion […] More

Business information provider Visiongain has unveiled its list of top 20 unmanned aerial vehicles and systems manufacturers in the world. The report predicts the specialties companies will choose in the field and how new players will try to stake a claim on a market that could undergo key structural changes amid an emergent commercial UAVs segment, Visiongain said Monday. “Although increasingly competitive, the […] More

DRS Technologies has introduced a new small signals intelligence sensor system, Breaking Defense reported Thursday. Colin Clark writes the Finmeccanica subsidiary designed the ruggedized sensor to fulfill the combat requirements of U.S. troops. Stephen Robillard, DRS vice president for SIGINT business development, told Breaking Defense that he sees the the SIGINT market to grow by tens of millions […] More

Thales and Finmeccanica‘s Selex ES subsidiary will collaborate on the sensor and communications requirements of the Future Combat Air System program that the French and British defense ministries have recently signed an agreement for. Selex ES said July 15 that the partner companies will design and develop the sensing and communications systems for a future unmanned combat air […] More

A MicroMarket Monitor report forecasts the North American security and surveillance radar market to be worth up to $2.03 billion in 2019, a compound annual growth rate of 4.64 percent over the next five years. The market research firm said Sunday that the region would keep its status as the top spender on security and surveillance radar systems, […] More

Bill Lynn, DRS Technologies and Finmeccanica North America chief executive officer, urges the U.S. government and the defense industry to collaborate on establishing acquisition reform, fostering globalization and consolidating industry operations. Lynn, who is a former deputy secretary of the Defense Department, wrote Tuesday in Breaking Defense that the above actions are expected to ensure that the […] More

A joint venture of Thales Group and Finmeccanica has secured a contract to design and develop a satellite platform that will work to deliver mobile and broadcasting services across multiple spectrum networks. Thales Alenia Space will build a dual-mission telecommunications satellite for Inmarsat and Greek satcom operator Hellas-Sat, Thales Group said Thursday. Under the agreement, […] More