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Latest Federal & Government Contracting Companies' News Coverage
A new Visiongain report analyzes the global military radar systems market and predicts it will hit $9.7 billion in revenues in 2016. The report highlights the key drivers and challenges facing the market and contains market forecast and analysis for the Asia-Pacific, South America, Europe, Middle East and Africa, Central Asia and North America regions […] More
A fresh Research and Markets report suggests a growing demand for data in commercial applications will help buoy the global unmanned aerial vehicle market to reach $21.23 billion by 2022 from $5.97 billion in 2016. The report predicts the global drone market will grow at a compound annual growth rate of 20 percent from 2016 […] More
GE-Hitachi Global Laser Enrichment has proposed to establish a facility near the Energy Department‘s Paducah Gaseous Diffusion Plant in Kentucky to produce natural uranium that will be used as fuel for civil nuclear reactors. DOE said Thursday it agreed to sell depleted uranium to GLE over a 40-year period and the company will enrich the metal at the future Paducah Laser […] More
The U.S. Navy has awarded BAE Systems a potential $51.5 million contract to perform repair and maintenance work on the USS New Orleans amphibious transport dock ship. BAE said Thursday it will repair the USS New Orleans’ structural, tank, ventilation and auxiliary systems as well as preserve crew habitability systems and spaces of the vessel at the company’s dry dock facility in San Diego, […] More
Lockheed Martin‘s Sikorsky subsidiary and Aurora Flight Sciences have developed robotic systems that are designed to operate aircraft autonomously as part of the Defense Advanced Research Projects Agency‘s Aircrew Labor In-Cockpit Automation System initiative, Defense News reported Wednesday. Valerie Insinna writes Jean Charles-Lede, program manager at DARPA’s tactical technology program office, said the ALIAS program seeks a platform that can eliminate the […] More
Lockheed Martin has begun to work with President-elect Donald Trump’s transition team on the F-35 Lightning II fighter aircraft and other programs, Star-Telegram reported Thursday. Max Baker writes Orlando Carvalho, executive vice president of Lockheed’s aeronautics, said the company aims to provide information that can help the transition team make decisions regarding the F-35 program. “As we’ve done […] More
India looks to purchase $1 billion worth of weapons and equipment from readily available vendors through a fast track purchase process that will bypass prescribed routine acquisition procedures, Defense News reported Thursday. Vivek Raghuvanshi writes an Indian ministry of defense official told Defense News the country aims to procure various ammunition, assault rifles, thermal-imaging equipment, light machine guns, rocket launchers […] More
IBM has partnered with the U.S. Agency for International Development and the government of Armenia to unveil a new center in Armenia that will work to provide training courses to students in support of the development of the country’s information technology sector, the Public Radio of Armenia reported Thursday. Siranush Ghazanchyan writes USAID, IBM and the Armenian […] More
AT&T supports a NASA-led project to research and develop a traffic management system for the agency to manage the safety and security of unmanned aircraft system operations in U.S. airspace. The company said Thursday it aims to contribute networking, internet of things, cloud, identity management and cybersecurity expertise to NASA’s UAS traffic management initiative. “Drones are already used in agriculture, public […] More
Lockheed Martin CEO Marillyn Hewson has said NATO and industry partners can maintain their technological edge through sustained investment, interoperability and talent development. Hewson said Wednesday at the NATO-Industry forum in Brussels alliance members should provide consistent and sustained defense spending to support operational readiness and the industry’s research and development efforts. She added alliance members’ pledges to allocate 2 percent of their gross domestic product […] More
Near Earth Autonomy has secured a contract under NASA’s Small Business Innovation Research initiative to help the space agency integrate unmanned aircraft systems into the national airspace. Near Earth said Wednesday that it will develop and demonstrate technologies to facilitate safe unmanned aircraft operations in case of emergency situations. The company will also build an autonomous contingency system that can help unmanned aircraft […] More
The U.S. defense industry expects Donald Trump’s victory in the U.S. presidential election combined with Republicans retaining their majorities in both House and Senate to result in an increase in weapons spending, Forbes reported Wednesday. Loren Thompson writes that Trump has announced plans to update the country’s aging nuclear weaponry that includes long-range bombers, ground-based missiles and […] More
