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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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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
Global spending on maintenance, repair and overhaul services for military ground vehicles is projected to show steady growth over the next 10 years, according to a new Visiongain report. Visiongain said Monday it forecasts that investments in military land vehicle MRO programs worldwide would reach $7.4 billion this year. The research firm also predicts military […] More
New analysis from Research and Markets has forecast a 4.52 percent year-over-year growth for the $102 billion C4ISR market from 2014 to 2020. The market report singled out the electro-optics subsector fueling demand for intelligence, surveillance and reconnaissance equipment in the defense, aerospace and homeland security segments, Research and Markets said Wednesday. Electro-optics is used […] More
A new report by Visiongain indicates a slowdown in defense spending on military land vehicle electronics over the next year due to the end of ground troop deployments to Afghanistan and Iraq. The market will stall in North America and most of Europe, but Visiongain said Tuesday that modernization programs in Australia and France will help the market reach […] More
The global market for C4ISR – short for command, control, communications, computers, intelligence, surveillance and reconnaissance — is forecast to become a $133 billion industry by 2020, new research from ReportsnReports says. The market analysts said Monday that it expects the segment, currently valued at $102 billion, to have a compound annual growth rate of 4.52 percent […] More
A MarketsandMarkets report predicts the global market for C4ISR systems will grow at an annual rate of 4.52 percent over the next six years to $133 billion in value by 2020. Systems integration and interoperability requirements could drive market growth and industry is forecast to see higher demand for synthetic aperture radar, mobile, geospatial, cybersecurity, […] More
The market for electro-optical and infrared systems in the military will be worth $16.35 billion by 2020, according to a new MarketsandMarkets report. The analysis firm said Monday the figure represents a 7.71 percent year-over-year increase and is prompted by growing demand for EO/IR systems in surveillance platforms. Electro-optics are becoming popular in naval close-in weapons systems for threat detection […] More
Visiongain published on Oct. 10 a new report on the $238-billion homeland security market that forecasts renewed growth for prime markets in Europe and North America and a surge in demand from Asia and the Middle East. The market analyst said the industry is poised to go through an expansion as it takes in new […] More
Business information provider Visiongain has unveiled its list of top 20 unmanned aerial vehicles and systems manufacturers in the world. The report predicts the specialties companies will choose in the field and how new players will try to stake a claim on a market that could undergo key structural changes amid an emergent commercial UAVs segment, Visiongain said Monday. “Although increasingly competitive, the […] More
Strategic Defence Intelligence expects the growing demand for ISR systems and military technology advancements to fuel growth of the electronic warfare technology market over the next 10 years. The global EW systems market is forecast to achieve a 2.68 percent compound annual growth rate to be $13.2 billion in value by 2024, Strategic Defense Intelligence […] More
A new Research and Markets report forecasts that the value of the electro-optical market will grow from $11.76 billion in 2014 to $14.03 billion in 2020 at a compound annual growth rate of 2.98 percent. The market research firm said Monday that growth is attributed to ongoing upgrade and replacement projects in the defense, homeland security and aerospace […] More
Dennis Murphy, Director of Cybersecurity Business Development at Elbit Systems of America, will take part in a panel discussion Tuesday on Israeli Innovation and Technology. The theme of this year’s discussion is “Developing Holistic Preparedness for the Next Major Cyber-Threat” and will be held at the second annual Cyber Security Oil and Gas Conference in […] More
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