A new Research and Markets report predicts the worldwide market for multirotor drones will hit $2.28 billion by 2020 at a compound annual growth rate of 22.2 percent. The report noted that the capability of drones to carry out missions in extreme conditions is one of the factors that drive market growth, the market research […] 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
Business information provider Visiongain has unveiled its list of top 20 unmanned aerial vehicles and systems manufacturers in the world. The report predicts the specialties companies will choose in the field and how new players will try to stake a claim on a market that could undergo key structural changes amid an emergent commercial UAVs segment, Visiongain said Monday. “Although increasingly competitive, the […] More
The small unmanned aerial vehicle market is projected to grow by the end of 2019 at a 22 percent compound annual growth rate to a total market value of $582.2 million, according to a recent MarketsandMarkets report. The six-year global forecast on the small and man-portable UAV market classifies the technology based on trends, propulsion, payload, application, region […] More
An updated missile interceptor developed by Boeing and Israel Aerospace Industries completed its second successful flight test on Jan. 3 over the Mediterranean Sea. The Arrow 3 test was conducted by the Israel Ministry of Defense and U.S. Missile Defense Agency, Boeing announced Tuesday. “Boeing and IAI designed Arrow 3 to engage threats at high […] More
Lockheed Martin is in discussions with Israeli Aerospace Industries' Elta Systems subsidiary to jointly develop a radar technology for an upcoming U.S. Army demonstration event at White Sands Missile Range in New Mexico, Defense News reported Saturday.
Herley Industries, Inc., a subsidiary of Kratos Defense and Security Solutions, Inc. has been awarded a $2.4 million contract for international missile defense support. Herley will be responsible for providing integrated microwave assemblies to an “international defense customer,“ which it says will be used in critical missile defense efforts. Kratos declined to provide the name […] More
Kratos Defense & Security Solutions‘ Israel-based subsidiary Herley GMI Eyal Ltd. has received $7.3 million in contract awards to provide microwave switch assemblies for upgrades to an intelligence, surveillance and reconnaisance U.S. aircraft. The assemblies will add on to previous work on an existing customer program. Information regarding the customer has not been provided. Herley Industries, Inc. designs, […] More
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