Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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Forecast International has predicted that $5.1 billion will be contributed to the electronic attack systems markets from 2016 to 2025 with 14,610 major electronic attack program units worth $2.8 billion produced between 2016 to 2020 and another 13,094 units worth $2.3 billion by 2025. The EA category includes any electronic system designed to conduct offensive functions, such […] More
A new Forecast International report predicts the market for maritime radar systems to be worth $13 billion by 2024. Manufacturers could produce at least 1,300 sea-based radar platforms over the next decade, accounting for approximately 67.1 percent market share, the research firm said June 29. The report forecasts that radar platforms for air defense will reach a […] More
A Forecast International study estimates the production value of remote sensing satellites will reach $27.2 billion by 2024 due to an increasing demand for Earth imagery products in both government and commercial sectors. Manufacturers are projected to build more than 200 satellites equipped with remote sensing technology over the next decade, the research firm said […] More
Forecast International expects unmanned aerial vehicles to become a $2.3 billion industry by 2023 despite a slowdown in production in the coming years, Military &  Aerospace Electronics reported Monday. John Keller writes the market analyst predicted the global market to more than double from $942 million this year amid the military“™s continued reliance on flying […] More
Cobham has reported that sales of the company’s software-based airborne tactical radio offering over the past year exceeded its previous estimate. The company said Monday it sold RT-7000 radios to various clients that include government and military aviation organizations in North and South America, Asia and Europe. RT-7000 is built with modules that operators can update to address evolving requirements and […] More
SRI International has won a $7.2 million  contract from the U.S. Army to support a Defense Advanced Research Project Agency program that aims to develop modeling technology for analysts to examine queries related to national and global security. The company will support DARPA’s World Modelers Program and is scheduled to finish work under the cost-plus-fixed-fee contract by Dec. 9, 2021, the Defense Department […] More
Leidos has been selected to field a forecasting tool at John F. Kennedy International Airport in New York City to support operations management functions at the airport“™s terminal 4. Leidos said Tuesday the Beontra-built Operational Terminal Prediction platform works to consolidate flight data from airport operational databases and airlines to help terminal personnel predict passenger flow and perform […] 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
Lockheed Martin has received a seven-year contract to provide forecasting tools to Oman Airports Management Co. for operations management functions at airports in the Middle East country. Lockheed said Tuesday it will supply its BEONTRA-built B Capacity and B Tactical platforms for OAMC to develop strategic resource plans and support daily operations at Salah and Muscat International Airports and at Oman […] More
The U.S. Intelligence Advanced Research Projects Activity has issued a request for information on existing methods for modeling and forecasting of low-frequency events. IARPA said Aug. 12 in a FedBizOpps notice it also seeks industry’s help to find alternative approaches to test and evaluate if rare event prediction techniques work. Areas of interest highlighted in […] More
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