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

DRS Technologies and Rafael Advanced Defense Systems will jointly pursue a U.S. Army tank defense contract and offer a Rafael-built Trophy active protection system, DoD Buzz reported Wednesday. Kris Osborn writes the vehicle-mounted Trophy system works to detect and engage enemy fire through the use of a radar, processor and on-board computer. “Trophy will…compute an intercept point in space away […] More

Rafael Advanced Defense Systems‘ has awarded a $149.3 million subcontract to Raytheon to build interceptor components for the Iron Dome weapon. Raytheon’s technology resources and network will serve as second supply source of Iron Dome interceptor parts, the company said Tuesday. “The sourcing of Tamir interceptor components in the U.S. will go a long way to ensuring sufficient volumes […] More

Photo by Keith Homan on Shutterstock Oshkosh Corporation is a leading vehicle manufacturer for the U.S. government. The company’s major customers are foreign government agencies and the military branches. The company’s products are designed to meet the needs of security, transportation, and law enforcement. Know the top Oshkosh government contracts here! 1. U.S. Army’s Order […] More

General Atomics‘ aeronautical systems business will install an imagery reconnaissance pod created by Israel-based Rafael Advanced Defense Systems into a Predator B/MQ-9 unmanned aerial vehicle flown by Italy’s air force. The Predator B’s Multi-spectral Targeting System-B full-motion video system interoperates with the RecceLite pod to facilitate the production of geo-referenced, high-resolution digital stills, General Atomics said Thursday. The company added it […] 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

General Dynamics will provide production kits for the Namer (Leopard) heavy armored personnel carriers to Israel’s defense ministry under a six-year, $310 million contract funded through U.S. military assistance, Defense News reported Tuesday. Barbara Opall-Rome writes that General Dynamics’ land systems business will then assemble and install Namer components and subsystems at a facility in Tel Hashomer, Israel. The contract adds […] More

A new Transparency Market Research report states that air-to-ground and surface-to-air missiles dominated the global smart weapons market in 2012, with further growth projected to give the market a value of $66.91 billion by 2019. The company said Thursday the market will achieve a compound annual growth rate of 10.3 percent from $34 billion in 2012 to reach the projected […] More

Research and Markets projects the global directed-energy weapons market to achieve a 23.16 percent compound annual growth rate through 2018 as defense budgets and research and development activity increase in certain countries. The market research firm says that research-and-development work will respond to growing demand for new military weapons designed to cause minimal collateral damage. BAE Systems, Boeing, Raytheon and Textron will be […] More

Raytheon is partnering with Rafael Advanced Defense Systems and other Israeli companies to provide the Mideast country’s defense ministry with antimissile weapon systems, The Boston Globe reported Thursday. Bryan Bender reports that following the development of the Iron Dome defense system, Raytheon is again in talks to build up to 15 additional batteries for the system against long-range missiles. He writes […] More