Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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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
Doug Smith, CEO of Reston, Va.-based broadband services contractor Oceus Networks, spoke with ExecutiveBiz last year after testifying to House lawmakers next-generation mobile technology in the federal government. He described collaborative efforts with agencies to help them acquire new devices and manage the spectrum needed for the devices. Smith recently caught back up with us to […] More
Raytheon and Denmark-based Falck Schmidt Defense Systems have unveiled am infrared sensor designed to provide situational awareness capabilities to soldiers inside armored fighting vehicles. The long-range reconnaissance and surveillance FLIR system is built for automobiles and towers that are used to survey battlefields and target areas, Raytheon said Thursday. Jeff Miller, Raytheon vice president of combat and […] More
Raytheon has performed simulation tests to demonstrate the sensor and response features of a new firing device to the U.S. Army. The Forward Looking Infrared Improved Target Acquisition System was used to launch different types of TOW missiles during laboratory and field trials, Raytheon said Monday. Updates ITAS FLIR are intended to give warfighters precision as […] More
Lockheed Martin expects an invitation to tender from a European Union border security organization interested in buying the company’s ISR services (intelligence, surveillance and reconnaissance services), National Defense Magazine reports. Mark Grablin, the company“™s director of airborne reconnaissance systems, told Valerie Insinna and a group of reporters Frontex is seeking to acquire contractor owned and […] More
With the popularity of unmanned aerial vehicles increasing, the military is pushing to set the bar higher for UAV performance. A report by Defense Systems highlights changes taking place and areas of consideration for improving UAVs. As UAV flights are more prevalent, flight length and larger UAVs have made way for more sensors and electronics […] More
Hackers have been a part of Hollywood’s movie-making tradition for decades, and while real-life ones tend to have bad reps, Hollywood counterparts are often depicted as heroes whose valiant efforts save the world and humankind. To get in touch with your inner geek and to celebrate the release of “TRON: Legacy,” here is a top […] More
This week, ICx Technologies was set to be acquired by FLIR Systems via a cash tender offer. Wyle made a deal to acquire CAS, Inc., currently a division of ITT Corporation. SAIC completed the announced acquisition of Reveal Imaging Technologies, Inc. CGI reports it has completed a planned acquisition of Stanley Associates for a price […] More
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