A Research and Markets report predicts the global market for military aerospace simulation and training technologies will have a compound annual growth rate of -1.46 percent through 2019. The company said Monday aging fleets military aircraft and demand to extend their service lives will drive growth in the market. According to its report, the efforts to drive down costs will […] More

Spain has awarded General Dynamics’ Spain-based branch company Santa Barbara Sistemas a $99 million contract for research-and-development work on an 8×8 armored vehicle prototype, Defense News reported Saturday. Esteban Villarejo writes Spain seeks a replacement for the 6×6 BMR armored vehicle and U.S.-made M-113 armored personnel carrier. General Dynamics has proposed its Piranha Class 5 platform for Spain’s armored vehicle […] More

A new Research and Markets report indicates that the global market for military land vehicles will grow through 2019 at a compound annual growth rate of 1.4 percent. The company said Friday the market will see an increased demand for military land vehicles that operate on low costs per mile. According to the report, the market will […] More

CAE has been selected to produce additional visual systems for the Eurofighter training program under a contract with Eurofighter Simulation Systems. CAE will provide new Medallion-6000 image generators, display systems and database development tools for the Eurofighter Typhoon Aircrew Synthetic Training Aids program, CAE said Monday. ESS designed the Eurofighter training systems for the U.K., […] More

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

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

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

A Research and Markets study projects the missile defense systems market will see a compound annual growth rate of 3.11 percent in the five years leading up to 2018. The projected increase is based on industry’s annual sales of self-guided and propelled missiles for military operations globally, Research and Markets said Tuesday. ATK, Boeing, BAE Systems, […] More

The European land systems unit of General Dynamics has delivered four mobile bridge systems to New Zealand’s army to help cross gaps such as streams and rivers, UPI reported Thursday.  The bridge systems were a joint purchase with the U.K.’s defense ministry. The purchase is part of a bigger equipment upgrade project that includes combat Earth-moving […] More