Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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Frost & Sullivan has presented Lumen Technologies with an award for a system designed to facilitate the information handling of 911 emergency calls. Lumen said Wednesday it received the 2021 Enabling Platform Leadership Award in recognition of the company’s NextGen911 platform, which works to boost the situational awareness and management capacity of operators handling 911 […] More
Brad Curran, an analyst at Frost & Sullivan, has projected that the market for Defense Department cybersecurity products will reach $4.3B by 2023 as he expects DoD to significantly invest in platforms that can help secure military systems, National Defense Magazine reported Wednesday. A new Frost & Sullivan study indicated that sophisticated cyber threats compel the Pentagon to […] More
A new Frost & Sullivan analysis predicts the U.S. market for defense satellites will experience a 10.3 percent compound annual growth rate and reach approximately $30.3 billion in the next five years. The market research firm said Tuesday the potential market growth can be attributed to the Defense Department's efforts to strengthen its satellite infrastructure through modernization, program funding […] More
A new Frost & Sullivan analysis predicts the space industry to see the launch of at least 13,000 satellites and entry of over 60 new companies into the upstream market by 2030. The market research firm said Tuesday it expects the space market to experience growth by 2030 driven by small form factor sensors and payloads, less expensive […] More
A Frost & Sullivan report has found the Defense Department‘s budget request for fiscal year 2018 represents a 9 percent rise, or approximately $52 billion, over the FY 2017 budget plan with significant increases in operations and maintenance as well as research, development, testing and evaluation accounts. The market research firm said Wednesday it predicts DoD to increase annual […] More
A Frost & Sullivan report predicts the Defense Department‘s foreign military sales program will experience a compound annual growth rate of 3.4 percent through 2021 as international government customers move to increase defense spending, update military equipment and respond to regional tensions. The research firm said Monday it found that ground-based air defense, fighter aircraft and tactical vehicle systems are the most requested and delivered […] More
A new report from Frost & Sullivan estimates the U.S. government and military sector currently accounts for 87.2 percent of the country’s overall satellite services spending. The research firm’s “U.S. Government and Military Satellite Market, Forecast to 2022” report also shows that SES and Intelsat have the biggest presence in the domestic military market with a combined 57.7 percent market share, Frost & Sullivan said […] More
A Frost & Sullivan analysis forecasts the market for cybersecurity platforms fielded by U.S. hospitals to experience a compound annual growth rate of 13.6 percent from 2016 through 2021. Healthcare organizations that seek to address the rising cases of data breaches and other cyber attacks amid the widespread adoption of electronic health records will drive the demand […] More
A new Frost & Sullivan analysis predicts the Defense Department's budget for training and simulation systems to experience a compound annual growth rate of 1.7 percent through 2020. The demand for mixed reality training or live, virtual and constructive training is expected to drive investments and technology updates in the military training and simulation market, Frost & Sullivan said Tuesday. “While […] More
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