Lockheed Martin

Drone Warfare Market worth $30.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 6, 2024
Unmanned aerial vehicle, Region, Hardware, Passenger, AI, Constant, War, Teledyne Technologies, Logistics, UAV, Growth, General Atomics Aeronautical Systems, Report, Defense, Commercial, Capability, Major Players, Environmental monitoring, General Atomics, Safety, Rotorcraft, Grumman, Northrop Grumman, Civil, Federal Aviation Administration, Lockheed Martin, Transport, Raytheon Technologies

Based on capability, The drone warfare landscape is undergoing a rapid transformation, In the ever-changing landscape of warfare, software has emerged as the hidden power driving drone technology.

Key Points: 
  • Based on capability, The drone warfare landscape is undergoing a rapid transformation, In the ever-changing landscape of warfare, software has emerged as the hidden power driving drone technology.
  • The market for drone warfare software is set for massive growth due to several reasons.
  • Their role has become increasingly vital due to the soaring growth of the global drone warfare market.
  • Moreover, technological upgrades in armed UAVs, have fueled the growth of the drone warfare market in US.

Drone Warfare Market worth $30.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 6, 2024
Unmanned aerial vehicle, Region, Hardware, Passenger, AI, Constant, War, Teledyne Technologies, Logistics, UAV, Growth, General Atomics Aeronautical Systems, Report, Defense, Commercial, Capability, Major Players, Environmental monitoring, General Atomics, Safety, Rotorcraft, Grumman, Northrop Grumman, Civil, Federal Aviation Administration, Lockheed Martin, Transport, Raytheon Technologies

Based on capability, The drone warfare landscape is undergoing a rapid transformation, In the ever-changing landscape of warfare, software has emerged as the hidden power driving drone technology.

Key Points: 
  • Based on capability, The drone warfare landscape is undergoing a rapid transformation, In the ever-changing landscape of warfare, software has emerged as the hidden power driving drone technology.
  • The market for drone warfare software is set for massive growth due to several reasons.
  • Their role has become increasingly vital due to the soaring growth of the global drone warfare market.
  • Moreover, technological upgrades in armed UAVs, have fueled the growth of the drone warfare market in US.

Base Molecular Resonance™ Technologies Announces the Formation and Members of its Board of Advisors

Retrieved on: 
Tuesday, March 5, 2024
Senior, Cal Ripken Jr., Workforce, Operation, CSL Behring, Assistant, Narcotic, Special agent, Information system, NCMEC, Central Waqf Council, Law enforcement, United States Marshals Service, Education, CO, STEM, Improvised explosive device, Retirement, BMR, BMRT, OJP, BGCA, Commissioner, Cancer, Government, Public housing, Lockheed Martin, Management

The Board of Advisors will work closely with BMRT to advance the company's groundbreaking Base Molecular Resonance™ (BMR) technology.

Key Points: 
  • The Board of Advisors will work closely with BMRT to advance the company's groundbreaking Base Molecular Resonance™ (BMR) technology.
  • "We are honored to be working with this esteemed group of thought leaders that comprise our Board of Advisors.
  • "This Board of Advisors brings invaluable experience from industries that will benefit from our technology.
  • The founding members of the BMRT Board of Advisors are:
    Robbie Callaway, Chairman of the BMRT Board of Advisors, is the former CEO of Technology Investors Inc.

Sterling Announces Sharon Villaverde as Vice President of Finance

Retrieved on: 
Monday, March 4, 2024
Certified Public Accountant, University, Accounting, Growth, Central Oklahoma, STRL, Telecommunications, Financial management, Lockheed Martin, Management

THE WOODLANDS, Texas, March 4, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced the appointment of Sharon Villaverde to the role of Vice President of Finance.

Key Points: 
  • THE WOODLANDS, Texas, March 4, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced the appointment of Sharon Villaverde to the role of Vice President of Finance.
  • Sharon brings a wealth of experience to Sterling, having spent 30 years in accounting and finance roles at prominent public companies spanning diverse industries, including telecommunications construction, manufacturing, and defense contracting.
  • Most recently, she served as Vice President and Chief Accounting Officer at Dycom Industries, Inc., starting in 2018.
  • As Vice President of Finance, she will play a crucial role in crafting our financial strategy while overseeing our finance and accounting functions.

Lockheed Martin Takes Next Step in Homeland Missile Defense Interceptor Acquisition Process

Retrieved on: 
Wednesday, February 28, 2024
Knowledge, Acquisition, Lockheed, LMT, Fiscal, Missile Defense Agency, MDA, CDR, NGI, Lockheed Martin, Software, Critical, Jet fuel

HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor. The company completed the first Knowledge Point – known as KP1 – ahead of schedule, taking a major contractual step forward that allows its Next Generation Interceptor (NGI) program to continue development towards the Critical Design Review (CDR).

Key Points: 
  • HUNTSVILLE, Ala., Feb. 28, 2024 /PRNewswire/ -- In November 2023, Lockheed Martin (NYSE: LMT) successfully completed a Missile Defense Agency (MDA) acquisition milestone for the nation's modernized long range ballistic missile interceptor.
  • This KP1 achievement follows the program's All Up Round Preliminary Design Review, which Lockheed Martin executed on-schedule in September .
  • We proved at KP1 that we have reached a level of maturity unprecedented at this stage of a missile defense program," said Sarah Reeves, vice president of NGI at Lockheed Martin.
  • The first Lockheed Martin NGI is forecast for delivery to the warfighter as early as Fiscal Year 2027.

Datenna, Groq, and Lockheed Martin Join Roster of Sponsors for Upcoming AI Expo for National Competitiveness

Retrieved on: 
Wednesday, February 28, 2024
Language, Innovation, LMT, Artificial intelligence, Intelligence, OSINT, SCSP, Government, Private sector, Lockheed Martin, Policy, Walter, Knowledge, Lockheed, Datenna, Medical device

ARLINGTON, Va., Feb. 28, 2024 /PRNewswire/ -- The Special Competitive Studies Project (SCSP), a non-partisan, non-profit project dedicated to strengthening America's long-term competitiveness in artificial intelligence (AI), announced today three additional sponsors of the AI Expo for National Competitiveness happening on May 7-8 at the Walter E. Convention Center in Washington, D.C. At the "Disruptor" sponsorship level, SCSP welcomes Datenna, an Open-source intelligence (OSINT) software company that equips governments with actionable insights into China's techno-economic landscape. SCSP is also announcing two "Maverick"-level sponsors: Groq®, a generative AI solutions company and creator of the Language Processing Unit (LPU™), and Lockheed Martin (NYSE: LMT), a global defense technology company driving innovation and advancing scientific discovery by providing the all-domain mission solutions and vision needed to accelerate the delivery of transformative technologies.

Key Points: 
  • "These three sponsors exemplify what the AI Expo intends to bring into focus," said SCSP CEO and President Ylli Bajraktari.
  • "They are representative of the intersection of AI, defense, and national security policy – a key focus of SCSP's work and will further the AI Expo's dialogue on U.S. leadership in emerging technologies.
  • "Our sponsorship of the AI Expo for National Competitiveness shows our commitment to empowering governments with unmatched insight and knowledge for superior decision-making."
  • For more information on SCSP, the AI Expo for National Competitiveness, and the Ash Carter Exchange please visit https://www.scsp.ai .

AFA Announces Finalists for 2023-2024 StellarXplorers National Space Design Competition

Retrieved on: 
Wednesday, February 21, 2024
Ansys, National championship, Red Mountain High School, North Quincy High School, Edmond North High School, Education, STEM, Irvine High School, Atmosphere of Earth, Edmond Memorial High School, Lockheed Martin, L3Harris Technologies, United Launch Alliance, Soft drink

ARLINGTON, Va., Feb. 21, 2024 /PRNewswire/ -- The Air & Space Force Association's StellarXplorers Space STEM program announced the 10 teams that will compete at the StellarXplorers National Finals Competition April 18-20, 2024.

Key Points: 
  • ARLINGTON, Va., Feb. 21, 2024 /PRNewswire/ -- The Air & Space Force Association's StellarXplorers Space STEM program announced the 10 teams that will compete at the StellarXplorers National Finals Competition April 18-20, 2024.
  • While some teams are returning for another chance at the trophy, others are first-time qualifiers looking to claim the title of National Champions.
  • Edmond Memorial High School #1 (Edmond, Okla.)
    Edmond North High School #3 (Edmond, Okla.)
    Great Mills High School (Great Mills, Md.)
  • StellarXplorers is generously supported by the Air & Space STEM Outreach, L3Harris Technologies, Lockheed Martin, Nova Space, United Launch Alliance, the Bahethi Family Foundation, and General Atomics Sciences Education Foundation.

Steel Jupiter's Indoor Air Innovation Receives EPA Device Determination

Retrieved on: 
Tuesday, February 20, 2024
Engineering, RSV, Natural Resources, Fluor Corporation, Chemistry, Research, Lockheed Martin, Filter (signal processing), Patent, Exhalation, FXI, Jupiter, Stanford University, Rice, MRO, Physics, University, School, Respiratory syncytial virus, Virus, Harvard Kennedy School, EPA, Air filter, Medicine, Swansea University, SARS-CoV-2, Steel, Publication, Biology, ESRI, Public

BETHLEHEM, Pa., Feb. 20, 2024 /PRNewswire/ -- Steel Jupiter has achieved a major development milestone with the recent issuance of a device determination from the U.S. Environmental Protection Agency (EPA) for the company's unique and innovative "Zinnia Technology-Coated MERV 8 Air Filter." The EPA's determination confirms that the Zinnia-coated filter operates through dual-action aerosol trapping mechanisms under the Federal Insecticide, Fungicide and Rodenticide Act (FIFRA).

Key Points: 
  • BETHLEHEM, Pa., Feb. 20, 2024 /PRNewswire/ -- Steel Jupiter has achieved a major development milestone with the recent issuance of a device determination from the U.S. Environmental Protection Agency (EPA) for the company's unique and innovative "Zinnia Technology-Coated MERV 8 Air Filter."
  • The EPA's determination confirms that the Zinnia-coated filter operates through dual-action aerosol trapping mechanisms under the Federal Insecticide, Fungicide and Rodenticide Act (FIFRA).
  • With the regulatory path now established, Steel Jupiter can proceed with its go-to-market plan, which includes performance testing multiple filter types across various real-world operational and environmental factors in simulated and actual settings, working with leading indoor air experts.
  • Steel Jupiter anticipates completing this final validation testing over the next several months.

SBA Administrator Guzman Announces Important SBIC Program Milestones at White House Convening of Investment Industry Leaders

Retrieved on: 
Thursday, February 15, 2024
CFO, Investment, National Association, Small business, SVP, Growth, AUM, Small Business Administration, National Economic Council, SBIA, Federation, White, Human, Private sector, MITRE, Lockheed Martin, Policy, SBIC, NAIC, SBA

Administrator Guzman was joined by over 60 leaders from private investment firms, limited partners, and industry associations.

Key Points: 
  • Administrator Guzman was joined by over 60 leaders from private investment firms, limited partners, and industry associations.
  • Image Description: Administrator Guzman addresses attendees at the White House convening on reforms to SBA’s $42 billion Small Business Investment Company (SBIC) Program.
  • Image Description: Administrator Guzman (L) participates in a panel discussion about reforms to the SBA’s Small Business Investment Company (SBIC) Program.
  • Image Description: Administrator Guzman (C) listens to panelists at the White House convening on reforms to SBA’s $42 billion Small Business Investment Company (SBIC) Program.

Aerospace Cyber Security Market to Reach $58.8 Billion, Globally, by 2032 at 8.4% CAGR: Allied Market Research

Retrieved on: 
Wednesday, February 14, 2024
AI, United States Air Force, Research, Honeywell, Aviation, Internet of things, Airport, CAF, DMON, BOA, PDF, Table, Organization, Research report, Chart, Knowledge, Statistics, The Aerospace Corporation, Machine learning, Lockheed Martin, Thales of Miletus, Arms industry

WILMINGTON, Del., Feb. 14, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Aerospace Cyber Security Market by Type (Network Security, Wireless Security, Cloud Security, and Content Security), Deployment (On-Premise and Cloud), Application (Aircraft, Drones, and Satellites), and Component (Services and Solutions): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global aerospace cyber security industry size generated $26.3 billion in 2022 and is anticipated to generate $58.8 billion by 2032, witnessing a CAGR of 8.4% from 2023 to 2032.

Key Points: 
  • This, in turn, could impact the adoption and integration of aerospace cybersecurity products or ability to invest in cybersecurity services.
  • Furthermore, in times of conflict, governments might have to redirect their resources to deal with urgent security and humanitarian needs.
  • Depending on type, the network security segment held the highest market share in 2022, accounting for more than one-third of the global aerospace cyber security market revenue, and is estimated to maintain its leadership status throughout the forecast period.
  • The aerospace cybersecurity market analysis spans over 15 countries, offering a comprehensive breakdown of values ($million) from 2022 to 2032.