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Lockheed Martin has invested $3 million into a new submarine combat system laboratory in South Australia that will work to support sustainment efforts for the country’s submarine forces. Lockheed said Friday the facility will also serve as a hub for collaboration between industry, government and academia to develop and design systems that address Australian national security and […] 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
Northrop Grumman is talking with countries in the Persian Gulf, North Africa and Asia on potential purchases of the country’s E-2D Advanced Hawkeye aircraft despite the United Arab Emirates’ decision to not buy that plane, Reuters reported Friday. Andrea Shalal writes the UAE agreed earlier in the week to purchase $1.27 billion in Saab-built early warning planes. Northrop officials told Reuters Japan […] More
The competition for new fighter jets to replace Canada’s CF-18 fleet faces a refresh as the Liberal party prepares to take over government on Nov. 4, Reuters reported Monday. Randall Palmer writes that incoming Prime Minister Justin Trudeau has ruled out the purchase of Lockheed Martin‘s F-35 and indicated plans to place savings onto naval ships. Other bids on […] More
A MarketsandMarkets report forecasts the value of the global unmanned aerial vehicles market to hit $14.9 billion in 2020, with an 8.12 percent compound annual growth rate from 2015 to 2020. The research firm said Tuesday the UAV market’s value reached $10.1 billion this year and North America accounted for about 65.53 percent market share. Technological […] More
New Research and Markets reports predict Asia-Pacific and North America to dominate the global markets for military radar, satellites and command, control, computers, communications, intelligence, surveillance and reconnaissance platforms over the next decade. Research and Markets said Monday spending on military radar tools in North America and Asia Pacific will account for at least 72 percent […] More
Boeing has offered an invite-only trailer of its conceptual design for a T-X military trainer platform during a recent Air Force Association event, Defense News reported Tuesday. Aaron Mehta writes Boeing and Saab designed the platform as their joint offering for the U.S. Air Force‘s T-38 replacement program. A Lockheed Martin–Korea Aerospace Industries partnership and […] More
A new Visiongain report forecasts the global military aircraft maintenance, repair and operations market will hit $49 billion in value in 2015. Visiongain said Friday the increasing adoption of new fighter aircraft among tier-one market players would spur growth in the industry. The 2015-2025 forecast covers maintenance aspects in operations and field, heavy airframe, heavy engine, […] More
U.S. Air Force Maj. Gen. Dwyer Dennis has said a budget-related postponement of the T-X trainer replacement initiative allowed the military service to rethink the program’s acquisition and requirements process, Aviation Week reported Monday. Amy Butler writes Dennis, director of global reach programs in the Air Force’s office of the assistant secretary for acquisition, told […] More
Thales and BAE Systems will collaborate with their partners in France and in the U.K. to develop an autonomous system intended to detect and counter sea mines and underwater explosive devices. The team will work to design a system prototype during the contract's first phase, then manufacture and test the future mine countermeasure systems of […] More
A new Strategic Defense Intelligence report projects the global unmanned aerial vehicle market's compound annual growth rate at 5.66 percent from 2015 through 2025, with autonomous combat vehicles to dominate the market. The report predicts North America and Europe to account for more than 67 percent of the UAV market over the next 10 years, ReportsnReports […] More
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