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Latest Federal & Government Contracting Companies' News Coverage
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 report from Research and Markets forecasts the mobile satellite services market will reach $5.62 billion by 2019. The market research firm estimates the market to grow at a compound annual growth rate of 10.2 percent from 2014 to 2019, Research and Markets said Monday. “Satellites will continue to deliver efficient broadcast services on a global basis that […] 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
WidePoint Corp. has been awarded three task orders and one contract extension for telecommunications system management services to multiple U.S. federal government agencies. The company received an order and a modification through an existing blanket purchase agreement and won another two contracts from a cabinet-level department, WidePoint said Monday. “We are excited to see these […] More
The U.S. Navy and Huntington Ingalls Industries strive to build the USS Gerald R. Ford aircraft carrier without exceeding the authorized budget, said HII CEO Mike Petters, the Daily Press reported Thursday. Hugh Lessig writes Petters was responding to a Government Accountability Office report that predicts the Navy’s supercarrier project would not meet the $12.9 […] More
NASA will launch the Lockheed Martin-built Orion unmanned spacecraft this week as part of the agency’s efforts to build capability for future space missions that would bring humans to Mars, Bloomberg Businessweek reported Tuesday. Justin Bachman writes that this first test flight will bring Orion 3,600 miles into space with the help of United Launch Alliance‘s Delta IV rocket. […] More
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