C4ISR

LightRidge Solutions Appoints Lorin Hattrup President of Trident Systems

Retrieved on: 
Jeudi, mai 9, 2024

CHANTILLY, Va., May 9, 2024 /PRNewswire/ -- LightRidge Solutions, a leading provider of U.S. space and defense technologies, has appointed Lorin Hattrup as president and general manager of the company's Trident Systems (Trident) business unit. The addition of Lorin and his extensive operations experience will bolster LightRidge and Trident's efforts in expanding their infrastructure, facilities, workforce, leadership, and capabilities to meet rapidly growing customer demand across the space and defense arenas.

Key Points: 
  • CHANTILLY, Va., May 9, 2024 /PRNewswire/ -- LightRidge Solutions , a leading provider of U.S. space and defense technologies, has appointed Lorin Hattrup as president and general manager of the company's Trident Systems (Trident) business unit.
  • "LightRidge and Trident have been growing significantly over the past few years as existing and new customers are turning to us for purpose-built space electronic solutions," noted Bill Gattle, CEO of LightRidge .
  • His vision is wholly aligned with LightRidge's company goals and focuses on delivering innovative and scalable space systems, C4ISR mission solutions, and autonomous mission management software.
  • Prior to joining Trident, Lorin was executive general manager of L3Harris Technologies' Strategic Missions division.

United States Department of Defense C4ISR Competitive Research Report 2024: Analysis on Leading Contractors, Technology Areas, High Spending Areas and Participation Opportunities - ResearchAndMarkets.com

Retrieved on: 
Lundi, avril 22, 2024

The "US Department of Defense C4ISR Competitive Assessment and Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "US Department of Defense C4ISR Competitive Assessment and Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • This analysis focuses on US Department of Defense (DoD) command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) contracting information for research, development, test, and evaluation (RDT&E); procurement; and services.
  • The analyst has segmented contracting data by military department and overall leading firms.
  • The analysis expands on leading DoD C4ISR contractors and technology areas of interest to understand the current state of the DoD C4ISR competitive environment and point out high spending areas and participation opportunities.

General Dynamics Reports First-Quarter 2024 Financial Results

Retrieved on: 
Mercredi, avril 24, 2024

Operating earnings of $1 billion, up 10.4% from year-ago quarter

Key Points: 
  • Operating earnings of $1 billion, up 10.4% from year-ago quarter
    RESTON, Va., April 24, 2024 /PRNewswire/ -- General Dynamics (NYSE: GD) today reported first-quarter 2024 revenues of $10.7 billion, up 8.6% from the first quarter of 2023.
  • Diluted earnings per share (EPS) were $2.88, up 9.1% from the year-ago quarter.
  • "Our businesses delivered solid operating results in the quarter, growing revenue and backlog, while expanding margins, even as we awaited G700 certification," said Phebe N. Novakovic, chairman and chief executive officer.
  • This is a strong start to 2024 and we remain confident in our outlook."

Electronic Warfare Market worth $19.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mardi, avril 9, 2024

Based on the platform, the space segment is estimated to lead the electronic warfare market from 2023 to 2028.

Key Points: 
  • Based on the platform, the space segment is estimated to lead the electronic warfare market from 2023 to 2028.
  • The space platform is experiencing significant growth in the electronic warfare market due to several factors.
  • Firstly, the heightened reliance on satellite communications and navigation systems has made space-based assets vulnerable to electronic threats, driving the need for space-based electronic warfare capabilities.
  • The Original Equipment Manufacturers (OEMs) segment is poised for dominance in the electronic warfare market due to several key factors.

Electronic Warfare Market worth $19.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mardi, avril 9, 2024

Based on the platform, the space segment is estimated to lead the electronic warfare market from 2023 to 2028.

Key Points: 
  • Based on the platform, the space segment is estimated to lead the electronic warfare market from 2023 to 2028.
  • The space platform is experiencing significant growth in the electronic warfare market due to several factors.
  • Firstly, the heightened reliance on satellite communications and navigation systems has made space-based assets vulnerable to electronic threats, driving the need for space-based electronic warfare capabilities.
  • The Original Equipment Manufacturers (OEMs) segment is poised for dominance in the electronic warfare market due to several key factors.

Defense Electronics Obsolescence Market worth $3.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mercredi, mars 20, 2024

The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.

Key Points: 
  • The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.
  • The defense electronics obsolescence industry has been segmented into Land, Naval, and Airborne.
  • The defense electronics obsolescence market is poised for significant growth, with North America projected to emerge as the region with the highest potential for expansion.
  • The major players in defense electronics obsolescence companies include Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel).

Defense Electronics Obsolescence Market worth $3.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Mercredi, mars 20, 2024

The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.

Key Points: 
  • The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.
  • The defense electronics obsolescence industry has been segmented into Land, Naval, and Airborne.
  • The defense electronics obsolescence market is poised for significant growth, with North America projected to emerge as the region with the highest potential for expansion.
  • The major players in defense electronics obsolescence companies include Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel).

VTG Awarded $30M Task Order to Produce CANES Information Warfare Platform for U.S. Navy Destroyers

Retrieved on: 
Mardi, mars 19, 2024

19, 2024 /PRNewswire/ -- VTG , an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has been awarded a $30 million task order to produce and integrate the Consolidated Afloat Network and Enterprise Services information warfare platform for up to six U.S. Navy Arleigh Burke class destroyers.

Key Points: 
  • 19, 2024 /PRNewswire/ -- VTG , an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence Community customers, announced today that it has been awarded a $30 million task order to produce and integrate the Consolidated Afloat Network and Enterprise Services information warfare platform for up to six U.S. Navy Arleigh Burke class destroyers.
  • This is VTG's first task order under the $4.1 billion CANES Full Deployment indefinite delivery, indefinite quantity contract managed by PEO C4I and the Tactical Network Program Office (PMW 160).
  • VTG Awarded $30M Task Order to Produce CANES Information Warfare Platform for U.S. Navy Destroyers
    "CANES is the information warfare backbone of the Fleet and a critical-path capability for distributed maritime operations," said John Hassoun , VTG president and CEO.
  • "We're excited to ramp-up CANES production manufacturing at our facility and proud to lead a coalition of industry partners and vendors in integrating this tactical network across the Fleet."

C4ISR Market size to grow by USD 30.22 billion, North America to occupy 39% market share, Technavio

Retrieved on: 
Vendredi, mars 15, 2024

Barriers to adopting new technology and equipment hinder C4ISR market growth.

Key Points: 
  • Barriers to adopting new technology and equipment hinder C4ISR market growth.
  • The US Department of Defense invests significantly in C4ISR systems due to evolving warfare needs, emphasizing IT skills in defense.
  • The command and control systems market size is estimated to grow at a CAGR of 3.3% between 2023 and 2028.
  • The synthetic aperture radar (SAR) market is estimated to grow at a CAGR of 7.56% between 2022 and 2027.

BAE Systems Secures Regulatory Approvals for Acquisition of Ball Aerospace

Retrieved on: 
Mercredi, février 14, 2024

Further to the announcement of 17 August 2023, BAE Systems has now received the necessary regulatory approvals and will be executing steps in the coming days to complete the acquisition of Ball Aerospace from Ball Corporation.

Key Points: 
  • Further to the announcement of 17 August 2023, BAE Systems has now received the necessary regulatory approvals and will be executing steps in the coming days to complete the acquisition of Ball Aerospace from Ball Corporation.
  • BAE Systems and Ball Corporation will be executing the plan to complete the acquisition in the coming days.
  • BAE Systems shall provide 2024 Group guidance at our preliminary results on 21 February 2024 incorporating the acquisition.
  • “We look forward to welcoming the employees of Ball Aerospace to BAE Systems, bringing one of industry’s most respected and capable businesses into the Group.