Industry News

A Transparency Market Research report predicts global demand for counterterrorism and cybersecurity equipment will trigger a 5.6 percent compound yearly growth in the homeland security market over the next five years. The value of the HS market is projected to grow from almost $246 billion in 2014 to approximately $364 billion by 2020, the research […] More

Frost and Sullivan has released a new report that indicates high-quality image and navigation sensors are driving the development of unmanned vehicles. Unmanned systems will gain capability improvements from integration of sensors, signal processing and computer vision software, Frost and Sullivan said Monday. “Though various driver assistance systems are available today, improved obstacle and navigation technologies […] More

Exelis will soon release a surveillance system that works to track drones flying at low altitudes beyond the line of sight to perform tasks such as land surveys and delivery of packages, Reuters reported Tuesday. Alwyn Scott writes that Exelis is working with NASA and other partners to develop the system, which could work around current Federal Aviation Administration […] More

At least five companies have submitted bids to NASA to deliver supplies to the International Space Station through a second round of commercial resupply services competition, the Washington Post reported Monday. Christian Davenport writes NASA’s decision to partner with industry for ISS cargo resupply missions has drawn interest from bigger contractors and encouraged investor-backed startup […] More

A Raytheon–Teldat alliance has wrapped up the design assessment on a militarized router technology for Patriot air and missile defense weapons. Raytheon said Monday that Teldat is set to enter the manufacturing and design certification phase under the companies’ Patriot router development partnership. “Teldat has demonstrated exemplary technical capabilities in support of this key initiative,” […] More

A fresh Research and Markets report forecasts that demand for cloud-based security services will propel the global aviation cybersecurity market to a compound annual growth rate of 5.94 percent from 2014 through 2019. Research and Markets said Friday end-users are turning to cloud-based security services due to ease of management. “Cyber threats are a major concern […] More

A new report by IHS indicates that the global defense market saw increased trading activity for the sixth consecutive year, a 13.4 percent growth rate from $56.8 billion in 2013 to $64.4 billion in 2014. “This record figure has been driven by unparalleled demand from the emerging economies for military aircraft and an escalation of regional […] More

NASA and Orbital ATK confirmed that the Dawn probe has made it into orbit around the Ceres dwarf planet after a 7.5-year journey. Ceres’ gravity captured the Orbital ATK-built spacecraft Friday at 4:39 a.m. Pacific time, NASA said Friday. Dawn took off in September 2007 from Cape Canaveral, Florida, and initially encountered Vesta, orbiting the […] More

Govini‘s latest Federal Scorecard report points to a “highly competitive” government contracting space in 2014 with the Commerce Department leading in agency spending percentage increase and Lockheed Martin ahead in captured contract revenue. “The annual scorecard gives the market an opportunity to look at federal spending from a macro level and, through analytics, explain the trends that […] More

Bechtel will put a new $10 million investment into its office location in Virginia’s Fairfax County to accommodate 700 relocated jobs as part of the company’s corporate restructuring and business expansion effort in the region. The company said Wednesday it will lease 175,000 square feet of space to add to its global operations headquarters in Reston as […] More