BAE Systems will lead a team comprising General Dynamics‘ U.K. land systems and international mission systems subsidiaries, Leonardo-Finmeccanica, Moog, QinetiQ and Safran Electronics to bid under the U.K. defense ministry’s project to update the Challenger 2 main battle tank fleet. The team will pursue a contract to update the tanks to the Challenger 2 Mark 2 design to feature thermal […] More

Research and Markets has published a new report that projects the global flight navigation system market to grow 5.87 percent year over year from 2014 through 2019. The report highlights market trends such as avionics designed to handle more air traffic and non-directional beacon radio transmitters, Research and Markets said Nov. 13. Research and Markets […] 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