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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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A Visiongain study, released by ReportLinker, forecasts global revenue from border security platforms and services will be approximately $16.4 billion this year. The 364-page market research report examines key factors that Visiongain believes can affect worldwide, regional and national spending on products designed to help authorities monitor cross-border activities, ReportLinker said Wednesday. Visiongain categorized the […] More
A new Visiongain report forecasts the demand for military armored vehicles worldwide to reach $12.4 billion in 2015. The report covers armored vehicles that are designed to endure mines and improvised explosive devices, Visiongain said Friday. Visiongain also presents in the report the global and national shares of the armored vehicle market from 2015 through 2025, […] More
Research and Markets has released a new report that forecasts smart commercial drones markets will grow to $27.1 billion by 2021 from $3.4 billion in 2014. The report predicts commercial-grade consumer video drones will take the largest chunk of revenue throughout the forecast period, Research and Markets said Sept. 11. According to the data services provider, the growth […] More
Boeing has offered an invite-only trailer of its conceptual design for a T-X military trainer platform during a recent Air Force Association event, Defense News reported Tuesday. Aaron Mehta writes Boeing and Saab designed the platform as their joint offering for the U.S. Air Force‘s T-38 replacement program. A Lockheed Martin–Korea Aerospace Industries partnership and […] More
A new Visiongain report forecasts the global military aircraft maintenance, repair and operations market will hit $49 billion in value in 2015. Visiongain said Friday the increasing adoption of new fighter aircraft among tier-one market players would spur growth in the industry. The 2015-2025 forecast covers maintenance aspects in operations and field, heavy airframe, heavy engine, […] More
A new Radiant Insights report predicts the worldwide market for commercial unmanned aircraft systems to be worth $4.8 billion by 2021, a compound annual growth rate of 21.5 percent from 2014 figures. The market research firm said Friday demand for UAS’ navigation and visualization functions will drive growth in the commercial drone market over the next six years. The […] More
A new RnR Market Research report has predicted the unmanned aerial systems market’s value to increase almost seven-fold over the next six years to $4.8 billion by 2021. RnR Market Research said Monday that oil and gas mapping, utility line inspection, package delivery and agricultural applications would account for the majority of sales. The report […] More
United Technologies Corp. has confirmed that it is currently in negotiations with multiple bidders for the acquisition of UTC subsidiary Sikorsky Aircraft, Defense News reported Saturday. Andrew Clevenger writes that sources have named the bidders as Airbus, Blackstone, Lockheed Martin and Textron. The report said the news comes after UTC announced its plan to either sell or spin […] More
U.S. Air Force Maj. Gen. Dwyer Dennis has said a budget-related postponement of the T-X trainer replacement initiative allowed the military service to rethink the program’s acquisition and requirements process, Aviation Week reported Monday. Amy Butler writes Dennis, director of global reach programs in the Air Force’s office of the assistant secretary for acquisition, told […] More
A new Research and Markets report forecasts the U.S. military expenditure to reach $597 billion by 2020 from $560 billion in 2015, driven by the government’s efforts to retain military dominance through weapons modernization. The market analysis sets a 0.51 percent compound annual growth rate for U.S. military spending over the forecast period, noting that expenditure declined by […] More
A new Research and Markets report predicts the global military rotorcraft market to hit $27.3 billion by 2025 from $21.1 billion in 2015, with Asia-Pacific countries to dominate the spending landscape. Investments from the Asia Pacific will account for 33 percent of rotorcraft spending worldwide during the forecast period, followed by North America with a 29-percent share, Research and […] More
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