Research and Markets projects the global directed-energy weapons market to achieve a 23.16 percent compound annual growth rate through 2018 as defense budgets and research and development activity increase in certain countries. The market research firm says that research-and-development work will respond to growing demand for new military weapons designed to cause minimal collateral damage. BAE Systems, Boeing, Raytheon and Textron will be […] More

An ASDReports.com report estimates the market value for military electro-optical and infrared systems stands at about $8.38 billion and would continue to grow for the next 10 years. The business intelligence firm said Monday the sector could enjoy steady growth through 2024 due to the growing military applications of EO/IR technology. Adoption of smaller and […] More

Research and Markets projects a 9.7 percent compound annual growth rate for the global smart grid cybersecurity market through 2018 due to what the firm sees as a growing complexity of cyber attacks on smart grid networks. “The security of the smart grid network is a major issue faced by power utilities because there is a frequent exchange of sensitive information […] More

Research and Markets has released a new report that predicts the military radar global market could reach a total value of $8.4 billion by 2019 from the $6.9 billion recorded in 2012. Increased demands from the army, navy and air force services, as well as emergency responders have spurred the military radar market’s growth worldwide, Research and […] More

Lockheed Martin is working with the Defense Department and F-35 suppliers to lower operation and maintenance costs for the fighter program over the next 50 years, Reuters reported Thursday. Andrea Shalal writes that Lockheed officials recently met with representatives from DoD and 90 key F-35 suppliers in Fort Worth, Texas to brainstorm cost reduction ideas. […] More

A new Research and Markets report forecasts a 4.2 percent compound annual growth rate for the global ammunition market by 2020 due to modernization programs and ongoing conflicts in some parts of the world. The market research firm said Tuesday that ATK, BAE Systems, General Dynamics, Nammo and Raytheon could lead the market as it shifts focus from the west to Asia-Pacific and the Middle […] More

Austal USA has launched the USS Montgomery littoral combat ship the company built for the U.S. Navy’s near-shore and open-ocean operations under a $3.5 billion block purchase inked in 2010. General Dynamics‘ Advanced Information Systems served as integrator for the ship’s navigation, C4I and aviation systems, General Dynamics said Wednesday. Austal USA collaborated with Berard […] More

Paul Falkler heads the national intelligence programs at Vistronix, building the information systems, solutions and services provider’s capabilities in the sector through mergers and acquisitions, and strategy and integration application. He headed strategy development at Varen Technologies prior to joining Vistronix and held the same role at SAIC in a vice president capacity. Falkler held […] More

MBDA has started to produce Brimstone 2 missile for the British air force to use on its fleet of Tornado GR4 aircraft. The Brimstone 2 missile is built to help the Tornado in guidance against targets and work through both safety methods and potential logistical issues, MBDA said Brimstone 2 enters the series production phase after a qualification of the Brimstone 2 IM rocket […] More

The Federal Aviation Administration and NASA will collaborate with three companies to demonstrate a technology intended to prevent unmanned drones from colliding with other planes in airspace, Aviation International News reported Friday. Bill Carey writes that the FAA and NASA plan to conduct flight tests of a commercial drone equipped with a detect-and-avoid system at […] More

Jessica Nielsen serves as vice president of communications and marketing at Lockheed Martin where she is responsible for all facets of communications at the company’s Information Systems and Global Solutions division. She previously was executive director of global communications at Dell and was chief of staff to the BAE Systems group communications director from 2009-2011. Nielsen […] More

MBDA and Mitsubishi Electric are undertaking a preliminary deal to develop midrange missiles for the F-35 fighter jets as part of the Japanese government’s efforts to establish international defense procurement partnerships, Reuters reported Thursday. Tim Kelly and Nobuhiro Kubo report the deal would be the first to involve using Japanese-built parts for missile exports as Prime Minister Shinzo Abe’s administration continues […] More