A Govini report indicates the U.S. military unmanned aerial systems market has experienced a compound annual growth rate of about 6 percent over the past five fiscal years, Defense News reported Wednesday. Lara Seligman writes the research firm observed the Defense Department‘s strategic pivot  to the Asia-Pacific region and efforts to implement a third offset strategy have […] More

A Custom Market Insights report predicts the military unmanned aerial vehicle market will reach $11 billion in value by 2021 from $3 billion in 2014. “Quantities of fielded military and commercial systems of every size and description are set to increase,” Custom Market Insights said Feb. 3. According to the report, persistent military drones will account […] More

A new Research and Markets report has predicted the global small drones market to hit $10.04 billion in value by 2020 as demand for commercial application increases. Research and Markets said Wednesday defense and commercial sector operations and tasks that use small drones increase over the past 10 years following the advancements in payloads technology. […] More

Visiongain predicts in a new report that the global military smart weapons market will hit $22.32 billion in 2016. The report examines the market’s competitive landscape and identifies potential business opportunities, Visiongain said Monday. Visiongain also analyzes potential developments in the following five submarkets within the military smart weapons sector over the next 10 years: Radar-guided military […] More

Raytheon will confirm on Monday its partnership with Alenia Aermacchi and CAE to compete for the U.S. Air Force‘s T-X trainer replacement contract, Defense News reported Tuesday. Aaron Mehta and Lara Seligman write Raytheon likely will hold a prime role on the team, which will propose a variant of Alenia’s M-346 aircrew training system for the competition. General […] More

Bell Helicopter has received an order to produce two Bell 429s for the Indonesian National Police in order to aid in law enforcement operations and security efforts in the country. Damos Nasution, president of Multi Pacific, said Thursday “the selection of the Bell 429 will help improve the Indonesian Police’s support capability to ensure the […] More

Beechcraft Defense Company has been selected to manufacture military training aircraft for the U.K. defense ministry under a contract with Affinity Flying Training Services. The Textron subsidiary will produce 10 Beechcraft T-6C Texan II aircraft to replace the Shorts Tucano T1 aircraft under the U.K. MoD’s military flying training system program, Textron said Wednesday. The aircraft […] More

Visiongain’s new report predicts that the military unmanned maritime vehicles market will be worth $810.9 million by the end of 2016. The company said the growth is due to the increased technological development and crossover between commercial and military needs. “Globally, militaries are turning to UMVs to augment their manned capabilities,” said Sophie Hammond, Visiongain’s […] More

An RnR Market Research report predicts the military unmanned aerial vehicles market will achieve a 6 percent compound annual growth rate over the next five years. The company said Wednesday large defense UAVs that can perform surveillance, intelligence gathering, target designation, fire support and strike missions accounted for a total of about 76 percent market share during […] More

Research and Markets has released a new report that predicts the global unmanned aerial vehicle flight training and simulation market will grow 6.06 percent year over year from 2014 through 2019. The Research and Markets report indicates an increasing application of electric UAVs in the defense and commercial industry because this type of drone helps the military […] More

Argentina’s request to buy $80 million in Bell 412EP helicopters built by the Textron subsidiary Bell has received clearance from the State Department. The Defense Security Cooperation Agency said Wednesday the proposed foreign military sale includes four Bell 412EPs, helicopter major components and spare parts, pilot and maintenance training and logistics support. DSCA said Argentina seeks to bolster its air mobility efforts […] More

Technavio has released a new report that estimates the global unmanned aerial vehicle flight training and simulation market’s compound annual growth rate at 6.06 percent from 2014 through 2019. The report indicates that the growing demand for UAVs over the forecast period will drive the market, which will also see an increase in the use […] More