Industry News

Textron Systems has received approval from the Federal Aviation Administration to fly the company’s small unmanned aerial system at a government-approved civilian UAS test site in Blackstone, Virginia. The certification allows Textron to operate its Aerosonde drone for agricultural or environmental research in collaboration with the Mid-Atlantic Aviation Partnership, Textron said Monday. Virginia Tech-led MAAP […] More

Lockheed Martin has opened an innovation center in Abu Dhabi, United Arab Emirates to facilitate technical collaboration among industry, academia and government organizations. The Center for Innovation and Security Solutions is located in Masdar City’s incubator building and aims to build new technologies to address global problems such as climate change and resource scarcity, Lockheed […] More

The Customs and Border Protection agency has awarded Astrophysics a potential five-year, $23.1 million contract to deliver X-ray machines for CBP personnel to screen cargo at U.S. ports of entry. Astrophysics will provide three kinds of its parcel scanning system and associated peripherals and training support for the agency’s Non-Intrusive Inspection program, Astrophysics said Wednesday. […] More

Fluor Corp. and China National Nuclear Corp. have signed a memorandum of understanding to pursue nuclear and renewable energy business opportunities in Europe and China. CNNC and Fluor will collaborate on various civil nuclear-related projects in the U.K., Germany and China, as well as on wind farms and solar power opportunities, Fluor said Thursday. “We are excited to cooperate […] More

The F-35 Joint Program Office aims to increase competition for work to build new training and simulation systems for the fighter program, Defense News reported Thursday. Aaron Mehta writes Lt. Gen. Christopher Bogdan, the F-35 JPO’s executive officer, said the office could seek competitive bids on the Deployable Mission Rehearsal Trainer development contract. “I think […] More

Research and Markets has released a new report that projects the global cloud services market will reach $555 billion in 2020. The compound annual growth rate is estimated to be 17.6 percent between 2014 and 2020, Research and Markets said Wednesday. The report contains analyses for formulating market strategies and examines market factors to determine growth trends in various geographies. The report also identifies key application segments […] More

Frost and Sullivan has released a study that predicts the U.S. healthcare cloud market will reach $3.5 billion by 2020, iHealthBeat reported Friday. Shruthi Parakkal, healthcare research analyst at Frost and Sullivan, cited several results of cloud migration as information technology staff management, reduced upfront costs, operational efficiency, on-demand data access and deployment, according to the report. The report indicates stakeholders are […] More

A new MarketsandMarkets forecast predicts the three-dimensional printing market will be worth $8.43 billion by 2020. The growth represents a compound annual rate of 14.37 percent between 2014 and 2020 across the aerospace, automotive, consumer, defense, healthcare, industrial, education and research sectors, MarketsandMarkets said Wednesday. MarketsandMarkets attributes the growth of 3D printing market in the Americas to initiatives the governments in the […] More

A new ReportsnReports research forecasts the global big data market in the oil and gas sector will grow 56.45 percent in size by 2018. The report predicts the oil and gas big data market will implement predictive modeling tools to forecast future development strategies through the use of historical data, ReportsnReports said Monday. The research also indicates “huge data explosion” […] More

Patrick Coomans, a security specialist at Verizon Enterprise Solutions, has urged enterprises to relook their password strategies and work toward adopting more secure methods of authenticating identities. Coomans, senior identity strategist at Verizon’s identity solutions division, wrote on the company blog Wednesday that the proliferation of common password use, coupled with lightning-fast password-guessing software at […] More

The global market for small arms is expected to grow into a $5 billion industry in five years as technological innovation moves forward and demand for non-defense use increases, new analysis from MarketsandMarkets revealed. The analyst said Wednesday the report predicts a market that will grow at a rate of 4.17 percent year over year from 2014 to […] More