Jayne Friedland Holland, chief security officer at NIC Inc., has been promoted to executive officer at the Olathe, Kansas-based company. Harry Herington, NIC CEO and chairman of the board, said Thursday Holland’s placement on the executive team will help the company to continuously prioritize the security of eGovernment systems and services it develops and provides […] More

Northrop Grumman has received Milestone C approval for the RQ-4 Global Hawk unmanned aircraft system it built for the U.S. Air Force. The approval from the Milestone Decision Authority is part of the Defense Department‘s acquisition process and paves the way for the Global Hawk to move into the production phase, the company said Tuesday. “The most important date in any […] More

Engility, Vencore, Maximus and Raytheon are among the 2015 winners of ACG National Capital‘s annual Corporate Growth Awards for mergers and acquisitions and other strategic corporate deals for companies with a presence in the Washington metropolitan area. “We want to congratulate this year’s winners for continuing their contributions to one of the largest, most successful economies in […] More

A new report by Bluestone Capital Partners indicates an improving market performance for the defense industry in 2015 after almost five years of being outperformed by the aerospace industry. The company said that businesses in the aerospace and defense sector with significant defense exposure have achieved a median trading multiple of at least 10-times earnings before interest, taxes, depreciation and amortization this year […] 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

Many enterprise organizations will shift to a posture that sees them operate under the assumption that they have already suffered a computer security breach and cloud computing will be a factor in that approach, two cybersecurity executives from Microsoft have told ExecutiveBiz. Scott Price, general manager of the software giant’s national security group, identified that […] More

A new Research and Markets report indicates that the global market for nonlethal weapons will grow in value from $5.2 billion in 2014 to $7.1 billion in 2020 at a 5.45-percent compound annual growth rate. The company said Friday continued U.S. research and development work into nonlethal weapons, including vessel and vehicle stopping devices and nontethered munitions, drive growth in […] More

Deborah “Deb” Dunie, formerly executive vice president and chief technology officer at CACI International, for eight years, has been appointed to the board of directors at Science Applications International Corp. She will serve on the human resources and compensation committee of the company’s board, SAIC said Monday. “Deb Dunie has over three decades of aerospace and defense industry […] 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

Research and Markets predicts that the global aerospace market will be worth $352.5 billion within 10 years due to changing technologies, high replacement rates, increased aircraft size and growing population of high-net-worth individuals. The company said Thursday its new “Global Aerospace Market Trends and Forecast: 2014-2033” report analyzes emerging trends, drivers for growth and the competitive landscape, and includes market forecasts […] More

A new Transparency Market Research report states that air-to-ground and surface-to-air missiles dominated the global smart weapons market in 2012, with further growth projected to give the market a value of $66.91 billion by 2019. The company said Thursday the market will achieve a compound annual growth rate of 10.3 percent from $34 billion in 2012 to reach the projected […] More

Darryle Conway has served as vice president of business development at PAE since October 2011. Prior to this role, Conway oversaw Raytheon‘s security technology offerings in the U.S. government and international markets as a business development executive within its technical services unit. He has also directed strategic planning and business development activities at the homeland […] More