Latest Federal & Government Contracting Companies' News Coverage
A new Stockholm International Peace Research Institute report says military spending worldwide hit a total of $1.7 trillion in 2017, reflecting a 1.1 percent increase from 2016. SIPRI said Wednesday U.S. military spending remained steady for two years in a row at $610 billion and the country remained the world's largest defense spender followed by China […] More
A new report from Deloitte says that global aerospace and defense revenue increased by 2.4 percent to $674.4 billion during 2016. The 2017 Global A&D Sector Financial Performance Study is based on an analysis of top 100 A&D companies worldwide that recorded more than $500 million in revenues last year, the company said Thursday. The report found that A&D […] More
A Deloitte report says the global defense and aerospace sector recorded a 3.8 percent growth rate in 2015 and generated $674.4 billion in total revenues. The consulting firm said Thursday revenue in the worldwide defense subsector rose 1.7 percent – or $5.8 billion — from the previous year driven by increases in military expenditures. Deloitte’s 2016 Global Aerospace and Defense Sector Financial Performance […] More
A Govini report indicates the U.S. military unmanned aerial systems market has experienced a compound annual growth rate of about 6 percent over the past five fiscal years, Defense News reported Wednesday. Lara Seligman writes the research firm observed the Defense Department‘s strategic pivot to the Asia-Pacific region and efforts to implement a third offset strategy have […] More
A new report from the Stockholm International Peace Research Institute says military spending worldwide in 2015 posted a year-to-year increase for the first time since 2011 at a rate of 1 percent to $1.7 trillion total. SIPRI said Tuesday the figure reflects a rise in spending in Eastern and Central Europe, Asia and Oceania and some countries in […] More
A new Research and Markets report forecasts that the market for military electro-optical and infrared systems will climb in value at a 7.71 percent compound annual growth rate to reach $16.35 billion revenues by 2020. The company said Thursday that strategies to establish uncontested market space and increased military spending will drive fast-paced growth for the EO/IR market, particularly in the […] More
A recent Frost & Sullivan report on defense markets projects military spending across 10 selected countries to reach $3.41 trillion by 2022 due to military reorganization, increased threat perceptions, penetrable borders and territorial disputes. The study covers defense budgets in Algeria, Brazil, Chile, India, Indonesia, Japan, Oman, Poland, Russia and the United Arab Emirates, the firm said Wednesday. […] More
Deloitte's latest Global Defense Outlook report has examined the major shifts in economies to military spending and noted a new framework that sees countries with the best adoption strategies as the most likely to thrive, Fedscoop reported Monday. Dan Verton writes that according to the study, a restructuring of national security policies is underway as […] More
Foreign countries are increasingly showing interest in the rotary-wing Osprey aircraft built by Boeing and Bell Helicopter, Reuters reported Monday. Andrea Shalal-Esa writes that Japan may be close to a purchase of the V-22 Osprey tilt-rotors, which the Marine Corps has used in Okinawa since last year. “They’ve started to see the capabilities because of the U.S. presence over […] More
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