Industry News

ReportBuyer has released a report that forecasts the global mobile satellite services market to grow 7.39 percent by 2018. The report factors in the wholesale mobile satellite services revenue in order to calculate the market size, ReportBuyer said Sept. 23. Key regions covered in the report are the Americas, the Asia-Pacific and Europe-Middle East-Africa. ReportBuyer also cites the following companies as key […] More

David Melcher, CEO of Exelis, has said the company applied previous spinoff experience in order to carry out the separation of its mission systems business in just nine months, the Washington Business Journal reported Monday. Melcher told WBJ reporter Jill Aitoro in a recent interview he expects the shareholder base of government services spinoff company […] More

Boeing plans to transfer most of its defense support functions to St. Louis, Oklahoma City and other sites from Washington. The company estimates the relocation will take three years to complete and affect approximately 2,000 defense workers at the company’s offices in the Puget Sound area, Boeing said Monday. “The decision to consolidate these activities […] More

IBM expects to complete the $2.1 billion sale of its x86 server business to Lenovo on Oct. 1 as the latter firm moves to expand its offerings in enterprise hardware and services. Lenovo said Monday that System x, BladeCenter, Flex System, NeXtScale, iDataPlex, x86-based Flex systems and blade networking are included in the transaction. Yang Yuanqing, Lenovo chairman and CEO, said the company will now focus on managing […] More

An IDC report says the integrated platforms and infrastructure industry generated $2.4 billion in revenues in the second quarter of 2014, a 33.8 percent increase on a year-over-year basis. IDC said Thursday storage capacity shipped by integrated system vendors worlwide grew 63.4 percent to more than 833 petabytes during this year’s Q2 compared with the […] More

NASA has released a second request for proposals through its commercial space program for more companies to launch logistical and research payloads and help send supplies to the International Space Station. The Commercial Resupply Services 2 program includes at least six flights to and from ISS for each potential contract through 2020 and an option for additional flights through 2024, NASA said Friday. “To […] More

Raytheon and Poland-based technology firm WB Electronics have formed a team to pursue the Polish military’s air and missile defense system development contract. The companies seek to develop a combat simulation and training software for the Shield of Poland AMD competition, WB Electronics said Friday. They also agreed to collaborate on finding potential technology export […] More

A new MarketsandMarkets report rorecasts the maritime security market to reach $20.87 billion in value in 2019 at a compound annual growth rate of 8.4 percent over the next five years. The firm said Thursday that the awareness of maritime threats, regulations, standards and international trade practices, as well as the globalization of maritime security operations will drive the market. The report also listed Kongsberg, Northrop […] More

Jason Black, research lead of Battelle’s energy systems business, has urged utilities to go beyond the minimum grid security requirements outlined by North American Electric Reliability Corp. in a piece for Intelligent Utility published Thursday. He says utilities must factor in all potential risks such as equipment failure, weather-related disaster and man-made threats when developing a complete physical security plan. Each utility […] More

The U.S. Army and Marine Corps could issue a request for proposals for their Joint Light Tactical Vehicle program in mid-November and award low-rate initial production contracts by summer 2015, DoD Buzz reported Thursday. Brendan McGarry writes Lockheed Martin, AM General and Oshkosh lead three industry teams that have built 22 JLTVs each under engineering […] More

A new report from Research and Markets has highlighted what the firm identifies as the drivers, restraints, trends and potential revenue opportunities in the global market for military unmanned aerial vehicles The market research firm said Thursday that the market’s growth will slow down through 2022 and that the U.S. will hold the largest market share, followed by Asia-Pacific and Europe. Research and Markets’ “Global […] More