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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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India’s navy has issued a request for information for a program that seeks to purchase approximately $1.5 billion in short-range surface-to-air missile platforms in an effort to replace its Israel-made Barak-1 air defense systems, Defense News reported Wednesday. Vivek Raghuvanshi writes the Indian navy plans to release a tender after six months through the Make […] More
A new report has named the top manufacturers in the airborne systems surveillance radar industry based on their present and potential sales and revenue, RegistrarDaily reported Monday. The Airborne Systems Surveillance Radar market research provided information on the business, revenue segmentation and products of the companies, as well as their market growth forcast, Nehru Baral writes. Among the […] More
Saab has been awarded an estimated $13.2 million contract to supply helmet mounted display systems to Sweden’s defense material agency. Pilots of the Swedish air force’s Gripen E fighter aircraft will use the Targo system to detect, track, identify and engage air and ground targets, Saab said Monday. AEL Sistemas will manufacture the Targo helmets and Saab […] More
The U.K.’s defense ministry and France’s defence procurement agency have agreed to continue their partnership on a program that seeks to develop an unmanned system designed to detect and neutralize underwater improvised explosive devices. Thales will collaborate with BAE Systems, SAAB, ASV Global and ECA Group to use first-stage designs to build an autonomous system […] More
Marc Allen, president of Boeing’s international business, has said Canada is evaluating data from five potential contractors that could help replace the country’s fleet of CF-18 aircraft, Reuters reported Monday. Leah Schnurr writes Canada requested information such as aircraft features and economic factors from Boeing, Lockheed Martin, Saab, Dassault Aviation and the Eurofighter Typhoon consortium comprised of BAE Systems, Leonardo-Finmeccanica and Airbus Group. […] More
A new Research and Markets report has predicted the global small drones market to hit $10.04 billion in value by 2020 as demand for commercial application increases. Research and Markets said Wednesday defense and commercial sector operations and tasks that use small drones increase over the past 10 years following the advancements in payloads technology. […] More
Research and Markets has launched findings of its report that sets the compound annual growth rate of the global man-portable military electronics market at 4.51 percent from 2014 to 2019. The report features an analysis of five tier-one market vendors and presents factors that Research and Markets believes will drive the market over the forecast […] More
A MarketsandMarkets report forecasts the value of the global unmanned aerial vehicles market to hit $14.9 billion in 2020, with an 8.12 percent compound annual growth rate from 2015 to 2020. The research firm said Tuesday the UAV market’s value reached $10.1 billion this year and North America accounted for about 65.53 percent market share. Technological […] More
Thales and BAE Systems will collaborate with their partners in France and in the U.K. to develop an autonomous system intended to detect and counter sea mines and underwater explosive devices. The team will work to design a system prototype during the contract’s first phase, then manufacture and test the future mine countermeasure systems of […] More
The Northrop Grumman-led team of contractors in a competition to build a new trainer jet for the Air Force will offer a new airplane design for the $1 billion program, Aviation Week reported Friday. Amy Butler writes Northrop’s Scaled Composites subsidiary will work on the design for the intended T-38 replacement jet and aims to conduct the first flight […] 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
Raytheon has pledged up to $5 million for a 10-year agreement with the University of Massachusetts Lowell to launch a joint research institute to enable collaboration between students and Raytheon employees. The Raytheon-UMass Lowell Research Institute is expected to facilitate securing federal funding for research as well as research and employment opportunities, the company said Tuesday. “The creation of […] More
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