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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Chris Alexander oversees Parsons’ efforts to pursue potential opportunities in the public sector market as executive vice president and director of global business development for the company’s government services segment. The 12-year company veteran was promoted to the global BD leadership role in 2013 and managed business development functions for the segment’s national security and defense division prior to […] More
MarketsandMarkets has forecast in a new report that the Internet of Things within the transportation market will reach $143.93 billion worth by 2020 as the sector’s research and development programs continue to expand. MarketsandMarkets said Monday that the IoT software plays a large role in the transportation sector due to the properties’ resistance to environmental conditions and […] More
An International Data Corp. subsidiary has designed a framework that seeks to help government information technology leaders encourage citizen participation with third platform and connected devices. IDC Government Insights forecasts that more than half of public-sector organizations that provide services to the public will invest at least a quarter of their budgets in Internet of […] More
A new TechNavio report forecasts that the global market for surveillance and security equipment will grow in revenue through 2019 at a compound annual growth rate of 13.58 percent. The market research firm said Wednesday the forecast is based on sales of electronic article surveillance systems, electronic access control systems, perimeter intrusion prevention systems and surveillance systems. These systems and […] More
A new Research and Markets report forecasts the U.S. military expenditure to reach $597 billion by 2020 from $560 billion in 2015, driven by the government’s efforts to retain military dominance through weapons modernization. The market analysis sets a 0.51 percent compound annual growth rate for U.S. military spending over the forecast period, noting that expenditure declined by […] More
Industry executives said they expect drone sales orders from Middle East nations to increase after the State Department loosened export rules for unmanned aerial vehicles, Reuters reported Tuesday. “With this new policy, we see a lot more activity, we are talking to a lot more countries in the Middle East,” Frank Pace, president of General […] More
Neil Albert, vice chairman of MCR LLC, oversees strategic operations at the McLean, Va.-based professional services contractor and led the company as CEO from 1999 to 2012. Albert previously spoke to ExecutiveBiz one year ago to overview his 26-year career at MCR and discuss the evolution of the GovCon market during his almost three decades of […] More
A MarketsandMarkets report projects the industrial security systems market to hit $38 billion by 2020 from $25 billion in 2014. The report indicates that the market will achieve an 8.69 percent compound annual growth rate over the six-year forecast period, ASDReports said Wednesday. The analysis covers the industrial security systems market for the North America, […] More
A new ASDReports market forecast indicates that the global geospatial intelligence market will reach a value of $9.7 billion within the next 10 years, C4ISR & Networks reported Wednesday. Michael Peck reports that the study points to growing international capabilities and technology developments in the areas of digital mapping and modeling. Geographic information systems now have applications beyond command-and-control and intelligence […] More
Science Applications International Corp. asked the weather industry at a January conference for ideas on nontraditional ways to use National Oceanic and Atmospheric Administration open data. The five winners that were selected were mobile applications for traffic forecasting, weather uncertainty tracking, weather emergency alert and medical preparedness, SAIC said Wednesday. The online contest, which ran for 10 […] More
International Data Corporation has revealed its 2015 predictions for the world’s governments based on the results of its FutureScape survey on the industry. The market analyst, which launched the forecast report at a recent web conference, said Thursday that public sector communities in many regions may be on the verge of an important change, and highlighted technology’s […] More
The global ballistic protection systems industry is forecast to increase its market value from nearly $8 billion last year to $11 billion at the end of 2020, according to a new Research and Markets report. Research and Markets said Tuesday the sector is categorized into vehicle armor and personal protective equipment designed to safeguard the […] More
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