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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Research and Markets predicts that the radar security market will continue growth to reach a value of $25.17 billion by 2022 at a compound annual growth rate of 5.9 percent as demand for the technology increases. Countries interested in radar security systems to protect their borders and critical infrastructure will help drive market growth, the market research company said […] More
A MarketsandMarkets report forecasts the airport and marine port security market’s value will grow from $53.84 billion this year to $110.52 billion in 2025, representing an 8.3 percent compound annual growth rate. The research firm said Friday the market growth will be driven by governmental efforts to implement advanced security systems at various ports of entry. The surveillance technology segment is projected […] More
A Research and Markets report on the global explosive detection systems market forecasts the industry will see an 11.4-percent compound annual growth rate over the next five years. The research firm said Monday it predicts the explosive detectors market’s value will grow from $3.56 billion last year to $6.12 billion in 2020 due to an increase […] More
 TechNavio released a new report in February on global military manpack and vehicular radio systems that includes the research firm’s list of the top five vendors in the field and other prominent companies. The Global Military Manpack and Vehicular Radios Market 2016-2020 report named Barrett Communications, Finmeccanica, Harris, Radmor and Thales as the five key vendors in the market while Codan, Elbit Systems, […] More
Research and Markets has launched findings of its report that sets the compound annual growth rate of the global man-portable military electronics market at 4.51 percent from 2014 to 2019. The report features an analysis of five tier-one market vendors and presents factors that Research and Markets believes will drive the market over the forecast […] More
Raytheon has upgraded the company’s integrated electro/optic system offering with new features such as dual-band thermal imager and a high-definition color camera. The third-generation Commander’s Primary Sight also incorporates laser range finder, laser designator, visible and infrared laser pointers and line-of-sight director, Raytheon said Tuesday. Duane Gooden, vice president of Raytheon’s land warfare systems product line, […] More
Research and Markets has released a new report that predicts the global night vision devices market will grow from $11 billion in 2013 to $14 billion by 2020. The growth estimate represents a 2.98 percent compound annual growth rate during the forecast period, Research and Markets said Thursday. Research and Markets noted in the report […] More
A new NanoMarkets report predicts that the radiation detection device market will reach a value of $1.92 billion for domestic security applications and $868 million for military applications by 2020. The company said Jan. 5 that the military and security sectors are the fastest-growing markets for radiation detection devices due to an increase in terrorist activity and demand […] More
The use of thermal imaging technology for multiple applications has helped create a $3.1 billion industry as of 2012, according to a market analysis report by Research and Markets. Research and Markets said Wednesday the thermal imaging market is forecast to enjoy a compound annual growth rate of 9.76 percent from 2013 to 2019. The […] More
The U.S. Army has conducted developmental testing on the Northrop Grumman-developed Hand Held Precision Targeting Device at White Sands Missile Range in New Mexico to demonstrate the device’s target engagement functions. The company said Wednesday that the Army’s Rapid Equipping Force and Program Executive Office’s Project Manager – Soldier Sensors and Lasers evaluated the digitally connected device in environments with […] More
A new Research and Markets report forecasts that the value of the electro-optical market will grow from $11.76 billion in 2014 to $14.03 billion in 2020 at a compound annual growth rate of 2.98 percent. The market research firm said Monday that growth is attributed to ongoing upgrade and replacement projects in the defense, homeland security and aerospace […] More
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