Small satellite market to nearly quadruple over 7-year period: report - News
September 27, 2022NEW YORK, New York. A new report predicts that the global small satellite market will be four times bigger in 2028 than it was in 2021, increasing from $5.8 billion to $22.9 billion over that period for a compound annual growth rate (CAGR) of 22.2%.
Inertial sensor for future weapons to be developed for UK by Collins Aerospace - News
September 27, 2022PLYMOUTH, United Kingdom. Collins Aerospace has won a contract from the United Kingdom’s Weapons Sector Research Framework (WSRF) to develop a navigation-grade Inertial Measurement Unit (IMU) to be used in future complex weapons platforms, the company announced in a statement.
Unmanned aircraft market will surge due to defense spending: report - News
September 26, 2022NEW YORK, New York. The unmanned aerial vehicle (UAV) market will grow by $32.4 billion from 2021 through 2026 for a compound annual growth rate (CAGR) of 18.41% due to growing defense spending, a new report predicts.
Tactical missile systems contract for U.S. Army won by AeroVironment - News
September 26, 2022ARLINGTON, Virginia. AeroVironment has won a $20.6 million contract from the U.S. Army Tactical Aviation and Ground Munitions (TAGM) project office for Switchblade 300 tactical missile systems, the company announced in a statement.
Avionics market to grow 42% over next 5 years: report - News
September 26, 2022CHICAGO, Illinois. A new report predicts that the global avionics market will surge from $46.7 billion in 2022 to $66.3 billion by 2027 for a compound annual growth rate (CAGR) of 7.3%.
LEO satellites and drones will 'change the face' of communications: report - News
September 23, 2022DUBLIN, Ireland. A new report predicts that drones coupled with low Earth orbit (LEO) satellites will "change the face of modern communications."
Unmanned turrets to be provided to Asian-Pacific country by Elbit Systems - News
September 22, 2022HAIFA, Israel. Elbit Systems will provide unmanned turrets for armored fighting vehicles (AFVs) to an unidentified Asian-Pacific country under an $80 million contract, the company announced in a statement.
RF/microwave systems filter technology contract from DARPA won by BAE Systems - News
September 22, 2022MERRIMACK, New Hampshire. BAE Systems won a $6.5 million contract from the Defense Advanced Research Projects Agency (DARPA) to provide filter technology to improve Defense Department radio frequency (RF) and microwave systems such as digital Active Electronically Scanned Arrays (AESA), the company announced in a statement.
B-21 stealth bomber to be unveiled later this year - News
September 21, 2022PALMDALE, California. Northrop Grumman and the U.S. Air Force will unveil the B-21 Raider -- a new long-range stealth strategic bomber -- later this year, and the aircraft could start flying next year, the company announced in a statement.
5 companies win bids to support JADC2 initiative for DoD - News
September 20, 2022WASHINGTON, D.C. Five companies have won bids to be an industry partner with the U.S. Air Force on the Advanced Battle Management Systems Digital Infrastructure Consortium, which will support the U.S. Department of Defense's Joint All-Domain Command and Control (JADC2) effort.
U.S. military dominates UAS market, but China a growing challenger in next 10 years: report - News
September 19, 2022WASHINGTON, D.C. A new report predicts that worldwide spending on unmanned aircraft for the military will increase from $12.1 billion in 2023 to $16.4 billion in 2032, for a total expenditure of approximately $162.2 billion over the next 10 years, and the U.S. military may have growing competition in the coming years.
Electromagnetic warfare system contract for U.S. Navy won by Systems Engineering Associates - News
September 16, 2022MIDDLETOWN, Rhode Island. Systems Engineering Associates Corp. (SEACORP) has won a $24.5 million contract from the U.S. Navy for the Electromagnetic Maneuver Warfare Modular Suite (EMWMS), according to a Defense Department contract announcement.
Remote sensing technology market to grow 11% in 2022: report - News
September 16, 2022DUBLIN, Ireland. The global remote sensing technology market will grow from $13.76 billion to $15.22 billion between 2021 and 2022 for a compound annual growth rate (CAGR) of 10.6%, a new report predicts.
Tactical communication market to grow 28% in next 5 years: report - News
September 15, 2022CHICAGO, Illinois. The global tactical communication market will surge from $12.5 billion to $16 billion between 2022 and 2027 for a compound annual growth rate of 4.95%, according to a new report.
Universal robotic control tech contract for Marine Corps won by Tomahawk Robotics - News
September 15, 2022MELBOURNE, Florida. Tomahawk Robotics has won a contract to provide a system that would allow Marines in the field to have universal robotic control of multiple unmanned systems, sensors, and payloads, the company announced in a statement.
Space-based aircraft navigation system contract for FAA won by Raytheon - News
September 14, 2022MARLBOROUGH, Massachusetts. Raytheon Intelligence & Space has won a $215 million contract to provide a technical refresh and Dual Frequency Operation (DFO) upgrades to the Federal Aviation Administration's Wide-Area Augmentation System (WAAS), a space-based precision navigation system, the company announced in a statement.
EW training contract for country in Asia-Pacific won by Elbit Systems - News
September 14, 2022HAIFA, Israel. Elbit Systems has won a contract worth $76 million to supply electronic warfare (EW) training capability to the air force of an unidentified Asia-Pacific country, the company announced in a statement.
Ultrasonic sensors market to grow 147% in next 5 years: report - News
September 13, 2022DUBLIN, Ireland. A new report predicts that the global ultrasonic sensors market will surge from $5.76 billion in 2022 to $14.24 billion by 2027 for a compound annual growth rate (CAGR) of 19.84%.
Integrated flight deck systems for F-5 adversary aircraft to be provided by Garmin - News
September 13, 2022KANSAS CITY, Kansas. The U.S. Department of Defense has awarded a new contract for the Garmin G3000 integrated flight deck for the F-5 adversary aircraft training fleet, Garmin announced in a statement.
1st radar for U.S. Air Force satellite constellation delivered by Tomorrow.io - News
September 12, 2022BOSTON, Massachusetts. The Tomorrow Companies (Tomorrow.io) has delivered the first radar payload to Astro Digital for satellite integration as part of a $19.3 million contract awarded last year by the U.S. Air Force through its Commercial Weather Data Pilot Program, the company announced in a statement.