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Latest Federal & Government Contracting Companies' News Coverage
A new Visiongain report analyzes the global military radar systems market and predicts it will hit $9.7 billion in revenues in 2016. The report highlights the key drivers and challenges facing the market and contains market forecast and analysis for the Asia-Pacific, South America, Europe, Middle East and Africa, Central Asia and North America regions […] More
A fresh Research and Markets report suggests a growing demand for data in commercial applications will help buoy the global unmanned aerial vehicle market to reach $21.23 billion by 2022 from $5.97 billion in 2016. The report predicts the global drone market will grow at a compound annual growth rate of 20 percent from 2016 […] More
Airbus‘ defense and space segment has received a $45.5 million contract from the U.K. defense ministry to update the British navy’s warships. The Maritime Network Evolution contract covers support for 20 warships such as Type 45 destroyers and Queen Elizabeth Class carriers, Airbus said Tuesday. Airbus will remove obsolete equipment and serial services as well as support platforms’ capacity […] More
GE-Hitachi Global Laser Enrichment has proposed to establish a facility near the Energy Department‘s Paducah Gaseous Diffusion Plant in Kentucky to produce natural uranium that will be used as fuel for civil nuclear reactors. DOE said Thursday it agreed to sell depleted uranium to GLE over a 40-year period and the company will enrich the metal at the future Paducah Laser […] More
The U.S. Navy has awarded BAE Systems a potential $51.5 million contract to perform repair and maintenance work on the USS New Orleans amphibious transport dock ship. BAE said Thursday it will repair the USS New Orleans’ structural, tank, ventilation and auxiliary systems as well as preserve crew habitability systems and spaces of the vessel at the company’s dry dock facility in San Diego, […] More
Lockheed Martin‘s Sikorsky subsidiary and Aurora Flight Sciences have developed robotic systems that are designed to operate aircraft autonomously as part of the Defense Advanced Research Projects Agency‘s Aircrew Labor In-Cockpit Automation System initiative, Defense News reported Wednesday. Valerie Insinna writes Jean Charles-Lede, program manager at DARPA’s tactical technology program office, said the ALIAS program seeks a platform that can eliminate the […] More
General Atomics’ aeronautical systems business completed the maiden flight of an Avenger Extended Range remotely piloted aircraft Oct. 27 at the company’s Gray Butte flight operations facility in Palmdale, California. The Avenger ER aircraft is a variant of General Atomics’ jet-powered Predator C Avenger and designed to have a 76-foot wingspan and fuel capacity of 2,200 […] More
Lockheed Martin has begun to work with President-elect Donald Trump’s transition team on the F-35 Lightning II fighter aircraft and other programs, Star-Telegram reported Thursday. Max Baker writes Orlando Carvalho, executive vice president of Lockheed’s aeronautics, said the company aims to provide information that can help the transition team make decisions regarding the F-35 program. “As we’ve done […] More
India looks to purchase $1 billion worth of weapons and equipment from readily available vendors through a fast track purchase process that will bypass prescribed routine acquisition procedures, Defense News reported Thursday. Vivek Raghuvanshi writes an Indian ministry of defense official told Defense News the country aims to procure various ammunition, assault rifles, thermal-imaging equipment, light machine guns, rocket launchers […] More
IBM has partnered with the U.S. Agency for International Development and the government of Armenia to unveil a new center in Armenia that will work to provide training courses to students in support of the development of the country’s information technology sector, the Public Radio of Armenia reported Thursday. Siranush Ghazanchyan writes USAID, IBM and the Armenian […] More
Lockheed Martin and Pennsylvania State University have entered into a new agreement to collaborate on various studies, enhance recruitment and help finance some of the university’s programs. The partnership seeks to develop a framework to drive future research projects focused on computer science, cybersecurity, supply chain and aerospace engineering, Penn State said Thursday. Under the agreement, Penn State students […] More
Aptinyx has received three grants worth potentially $2.85 million from the National Institutes of Health to research and develop new therapeutic compounds for neuropathic pain and age-related cognitive decline. The NIH’s National Institute of Neurological Disorders and Stroke awarded Aptinyx a one-year, $1.25 million grant to fund the development of compounds for neuropathic pain treatment, the biopharmaceutical company said Thursday. […] More
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