Industry News

Research and Markets has released a new report that projects the unmanned aerial vehicle market to reach $10.57 billion in value by 2020. The growth represents a 7.73 percent from the $6.76 billion value recorded in 2014, Research and Markets said Friday. North America represented 69 percent of the global UAV market in 2014 and production and demand of this system […] More

Lockheed Martin and NASA have moved another step closer to launching the Orion crew exploration vehicle following completion of production and assessment work on the spacecraft. The Lockheed-built Orion capsule will be integrated with a Delta IV heavy-lift rocket on a pad at NASA’s Space Launch Complex 37 in Florida in November, the company said […] More

Boeing has partnered with six Danish companies to pursue business opportunities in the defense and aerospace industries. Boeing inked agreements with Danish Aerotech, Falck Schmidt Defence Systems, IFAD, Multicut, Systematic and Terma in connection with Boeing’s F/A-18 Super Hornet offering to Denmark, Boeing said Thursday. “The areas of cooperation identified in these agreements draw upon the specialized capabilities of Danish industry to […] More

MarketsandMarkets predicts the marine composites market will rise in value to $4.97 billion over the next five years due to increases in demand for high-speed boats, fuel-efficient vehicles and design flexibility. The firm said Tuesday that the costs of carbon fiber, styrene regulations and potential issues with the reparability and recyclability of composites could hinder further growth in the market. The report also […] More

A recent McAfee report says that a majority of information technology professionals surveyed noted security as the focus of their companies’ network design, but some forego security functions in order to emphasize network performance. The company said Wednesday the “Network Performance and Security” report showed the challenges that IT organizations face in balancing network security and performance. “It is unfortunate that turning off […] More

Cubic Transporation Systems has received a $9 million contract to update hardware and software on the electronic card ticketing system for public transit services within Los Angeles County. The company will intergrate a technology for securing consumers’ payment card information into the county’s TAP automated fare collection system, Cubic said Wednesday. “Today, merchants accepting credit […] More

A new Government Business Council/Siemens poll has found that senior federal employees looking to become more energy efficient at work feel their goals will be better achieved by having greater freedom and better tools to access and interpret real-time data. Thirty percent of 321 respondents to the GBC survey say they are sure their agencies […] More

MACH37 has kicked off the application process for its accelerator program for information security startup businesses. The MACH37 Cyber Accelerator’s 90-day Spring 2015 Cohort will begin on March 2, 2015, MACH37 said Tuesday. Cyber startups will undergo a mentorship program on how to create and sustain a business and receive a $50,000 investment to market their security products, the company […] More

Hewlett Packard has landed a $116.5 million contract extension to help the California Department of Corrections and Rehabilitation manage the agency’s electronic prisoners data system for five additional years. HP’s enterprise services business will continue to provide hosting, disaster recovery and backup services for the state’s Strategic Offender Management System, the company said Tuesday. The […] More

An SRA International and SAP NS2 alliance helped the U.S. Department of Agriculture build an integrated platform for managing the agency’s local and oversees food and nutrition programs. USDA’s Web Based Supply Chain Management system is based on SAP technology and works to help agency users order, purchase and track commodities for school lunch initiatives […] More

Superlative Technologies has opened a new 4,600-square-foot office in Falls Church, Virginia to house the company’s cybersecurity team in an expansion push for the Northern Virginia and the Washington metropolitan area. The company said Wednesday the SuprTEK Fairview Park office is its third in the region and will initially house its information system security engineers and continuous monitoring specialists that will […] More