The global electronic warfare market, valued at US$14.4 billion in 2016, is projected to grow at a CAGR of 3.13% over the forecast period, to reach US$19.6 billion by 2026 and cumulatively value US$184.1 billion. The market consists of three categories: Electronic protection, Electronic warfare
It has been a tough few years for the aviation industry and 2016 proved no different. Carriers had to navigate the collapse in oil prices and multiple plane tragedies including EgyptAir in May and the Chapecoense crash in Colombia, as well as fire-prone Samsung phones.
Rockwell Collins has struck a deal to buy aircraft interior maker BE Aerospace for $62 a share in cash and stock. The acquisition, valued at $6.4 billion plus the assumption of $1.9 billion in debt, expands the range of products Rockwell Collins supplies to major
The US, Russia, and China are the world’s largest arms exporters. They took the largest slices of a growing pie: The global arms trade was 16% larger in 2010-2014 than it was in 2005-2009, according to the Stockholm International Peace Research Institute (SIPRI). China in
Weapons report released by The Congressional Research Service (CRS) on three advanced technologies under development by the U.S. Navy for its surface ships: Solid state lasers (SSL), the electromagnetic railgun (EMRG), and the hypervelocity projectile (HVP). The SSL fires a high-energy beam for short-range defense
Lockheed Martin Corp, the largest U.S. arms maker and parent of Sikorsky, has begun to study the possibility of selling commercial helicopters to Iran, but said the market may be small and the company still needed guidance from the U.S. government. Lockheed, along with Boeing
The aerospace industry and defense sector are part of the same group but they seem to be moving in the opposite direction these days. While the commercial aerospace business is developing rapidly, the defense companies are coming face to face with customers who are fiscally