Lockheed Martin

C4ISR Market worth $154.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 9, 2023
Cloud, Aircraft, Raytheon Technologies, Capability, Lockheed Martin, Big data, Marksman anti-aircraft system, Incidence, General Dynamics, Master data management, Augmented reality, Missile defense, C4ISR, BAE Systems Inc., Commercial, USD, Rotorcraft, IOT, Virtual reality, Thales Group, SCSI Peripheral Device Type, Control System, Northrop, Component, Communication, Computer, Artificial intelligence, Support, Growth, Intelligence, Command, OEM, Cloud computing, Grumman, Satellite navigation device, Arms industry, Video game, Region, Earth, Airborne, Upgrade, Hardware, Software, Application

CHICAGO, March 9, 2023 /PRNewswire/ -- The C4ISR market is estimated at USD 113.4 billion in 2022 and is projected to reach USD 154.0 billion by 2028, at a CAGR of 5.2% from 2022 to 2028 according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, March 9, 2023 /PRNewswire/ -- The C4ISR market is estimated at USD 113.4 billion in 2022 and is projected to reach USD 154.0 billion by 2028, at a CAGR of 5.2% from 2022 to 2028 according to a new report by MarketsandMarkets™.
  • The C4ISR market, By platform, the C4ISR market has been segmented into airborne, land, naval, and space.
  • The increasing incidence of asymmetric warfare, geopolitical conflicts, and terrorist activities across the world are expected to drive the C4ISR market.
  • The C4ISR market industry has been studied in North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

C4ISR Market worth $154.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, March 9, 2023
Cloud, Aircraft, Raytheon Technologies, Capability, Lockheed Martin, Big data, Marksman anti-aircraft system, Incidence, General Dynamics, Master data management, Augmented reality, Missile defense, C4ISR, BAE Systems Inc., Commercial, USD, Rotorcraft, IOT, Virtual reality, Thales Group, SCSI Peripheral Device Type, Control System, Northrop, Component, Communication, Computer, Artificial intelligence, Support, Growth, Intelligence, Command, OEM, Cloud computing, Grumman, Satellite navigation device, Arms industry, Video game, Region, Earth, Airborne, Upgrade, Hardware, Software, Application

CHICAGO, March 9, 2023 /PRNewswire/ -- The C4ISR market is estimated at USD 113.4 billion in 2022 and is projected to reach USD 154.0 billion by 2028, at a CAGR of 5.2% from 2022 to 2028 according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, March 9, 2023 /PRNewswire/ -- The C4ISR market is estimated at USD 113.4 billion in 2022 and is projected to reach USD 154.0 billion by 2028, at a CAGR of 5.2% from 2022 to 2028 according to a new report by MarketsandMarkets™.
  • The C4ISR market, By platform, the C4ISR market has been segmented into airborne, land, naval, and space.
  • The increasing incidence of asymmetric warfare, geopolitical conflicts, and terrorist activities across the world are expected to drive the C4ISR market.
  • The C4ISR market industry has been studied in North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Global Military Robotic and Autonomous System Market Analysis Report 2023-2033: Market is Proliferated by AI, and its Integration with Military RAS has the Potential to Change Future Warfare

Retrieved on: 
Wednesday, March 8, 2023
Northrop Grumman, Lockheed Martin, RAS, United States Department of the Air Force, Robotics, Autonomous system, Indian Army, CDL, Kratos Defense & Security Solutions, General Dynamics, Acquisition, Research, Growth, Lockheed Martin Canada, Intelligence, Gremlin, Memorandum of understanding, Region, Benchmarking, Defense, General Atomics Aeronautical Systems, War, Artificial intelligence, Stalking, CBRN, Boeing, Country, EOD, Terrorism, ISR, Army, Lockheed, Transport, Arms industry

The growth in the global military RAS market is proliferated by the advent of artificial intelligence (AI), and its integration with military RAS has the potential to change future warfare.

Key Points: 
  • The growth in the global military RAS market is proliferated by the advent of artificial intelligence (AI), and its integration with military RAS has the potential to change future warfare.
  • The global military RAS market is expected to cater to an increase in global defense expenditure.
  • The favored strategy for the companies has been contracts, enabling them to strengthen their positions in the global military RAS market.
  • Competitive Strategy: The key players in the global military RAS market analyzed and profiled in the study involve military RAS manufacturers.

Lockheed Martin, Korea Aerospace Industries & Red 6 Aerospace Announce Emerging Technology Partnership

Retrieved on: 
Tuesday, March 7, 2023
Radar, LMT, Martin, NYSE, Century, Aircraft, F-16, ATARS, Airborne Tactical Advantage Company, Lockheed Martin, U.S. Air Force Test Pilot School, Partnership, Korea Aerospace Industries, Air Combat Command, F-35, F-22, Alpena Combat Readiness Training Center, Lockheed, Airline, Jet fuel

FORT WORTH, Texas, March 7, 2023 /PRNewswire/ -- Today Lockheed Martin [NYSE: LMT], Korea Aerospace Industries and Red 6 Aerospace announced a new partnership that will deliver advanced 21st Century Security capabilities across a spectrum of training and combat aircraft.

Key Points: 
  • FORT WORTH, Texas, March 7, 2023 /PRNewswire/ -- Today Lockheed Martin [NYSE: LMT], Korea Aerospace Industries and Red 6 Aerospace announced a new partnership that will deliver advanced 21st Century Security capabilities across a spectrum of training and combat aircraft.
  • The partnership will initially bring Red 6's revolutionary augmented reality platform, the Airborne Tactical Augmented Reality System (ATARS), into the TF-50 and variants.
  • The system gives pilots and ground operators new capabilities to see and interact with synthetic threats in real-time, high-speed environments.
  • Lockheed Martin and Korea Aerospace Industries aircraft are ideal platforms for our Augmented Reality system.

Warships and Naval Vessels Global Market Opportunities and Strategies Report 2023 with General Dynamics Dominating with 15.24% Market Share, Followed by Huntington Ingalls Industries

Retrieved on: 
Tuesday, March 7, 2023
Lockheed Martin, Navy, ThyssenKrupp, General Dynamics, Acquisition, Growth, Internet, Intelligence, Partnership, Huntington Ingalls Industries, Artificial intelligence, Internet of things, Investment, Maintenance, COVID-19, Mitsubishi Heavy Industries, Austal, BAE Systems, Arms industry

DUBLIN, March 7, 2023 /PRNewswire/ -- The "Warships and Naval Vessels Global Market Opportunities and Strategies to 2031" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 7, 2023 /PRNewswire/ -- The "Warships and Naval Vessels Global Market Opportunities and Strategies to 2031" report has been added to ResearchAndMarkets.com's offering.
  • The warships and naval vessels market is segmented by type into warships, submarines, aircraft carriers and others types.
  • The warships market was the largest segment of the warships and naval vessels market segmented by type, accounting for 58.1% of the total in 2021.
  • Market-trend-based strategies for the warships and naval vessels market include environment-friendly materials, artificial intelligence, unmanned warships and naval vessels, internet of things (IoT), strategic partnership and investments.

Sikorsky selects CMC Electronics Flight Management Systems

Retrieved on: 
Tuesday, March 7, 2023
Flight management system, Software, CMC, Marketing, FACE, Electronics, Lockheed Martin, Black Hawk, CMC Electronics, Radio, United States Army, Ernest K. Warburton (US Air Force), United States Department of the Army, Sikorsky, United States Air Force, 2017 United Arab Emirates Air Force Sikorsky UH-60M Black Hawk crash, FMS, Broadcasting

ATLANTA, March 7, 2023 /PRNewswire/ - Heli-Expo -- CMC Electronics is pleased to announce a new multi-year contract with Sikorsky, a Lockheed Martin company, for the supply of its military Flight Management System (FMS) on several Sikorsky helicopter models including the UH-60M, HH-60M, HH-60W, S-70i and the S-70M.

Key Points: 
  • ATLANTA, March 7, 2023 /PRNewswire/ - Heli-Expo -- CMC Electronics is pleased to announce a new multi-year contract with Sikorsky, a Lockheed Martin company, for the supply of its military Flight Management System (FMS) on several Sikorsky helicopter models including the UH-60M, HH-60M, HH-60W, S-70i and the S-70M.
  • The CMA-2082MC military FMS is unique as it allows Sikorsky to evolve and customize the FMS capabilities to meet the tactical needs of Black Hawk operators while benefiting from a proven foundation of the helicopter FMS software developed by CMC.
  • The CMA-2082MC is a complete flight management system with integrated radio management.
  • CMC is excited to partner with Sikorsky on this latest program."

The Global Urban Air Mobility Market is forecast to grow by $5,280.25 mnduring 2022-2027, accelerating at a CAGR of 27.5%during the forecast period

Retrieved on: 
Monday, March 6, 2023
Embraer, Moog Inc., Volocopter, Research, Lilium GmbH, Lockheed Martin, Airbus, Honeywell, Textron, Aviation, Raytheon Technologies, Retail

This study identifies technological advancements as one of the prime reasons driving the urban air mobility market growth during the next few years.

Key Points: 
  • This study identifies technological advancements as one of the prime reasons driving the urban air mobility market growth during the next few years.
  • Also, increasing demand for autonomous air ambulances and growing integration of last-mile delivery models with courier, express, and parcel companies will lead to sizable demand in the market.
  • The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
  • Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Terran Orbital Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023

Retrieved on: 
Thursday, March 2, 2023
Hardware, Other Defense, Aerospace, Satellite, Manufacturing, Government Technology, Technology, Defense, Military, Other Manufacturing, Telecommunications, Software, Networks, Mobile, Wireless, Engineering, NYSE, Spacecraft, Multimedia, SDA, Tranche, Orbital Corporation, NASA, SCA, Early stage innovation company, Human, Organization, Editorial, MrBeast, ITunes, LLAP, CubeSat, Lockheed Martin, Communications satellite

Terran Orbital Corporation (NYSE: LLAP ), a global leader in satellite-based solutions, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.

Key Points: 
  • Terran Orbital Corporation (NYSE: LLAP ), a global leader in satellite-based solutions, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.
  • View the full release here: https://www.businesswire.com/news/home/20230302005145/en/
    Terran Orbital Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023 (Image Credit: Terran Orbital Corporation)
    This year’s list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow.
  • “At Terran Orbital we are committed to propelling the aerospace and defense industry forward,” said Terran Orbital Co-Founder, Chairman, and Chief Executive Officer Marc Bell.
  • We are honored to be named to Fast Company’s Annual List of the World’s Most Innovative Companies.

Jeh Johnson Named to MetLife’s Board of Directors

Retrieved on: 
Wednesday, March 1, 2023
Asset Management, Professional Services, Insurance, Finance, President Clinton, MetLife, United States Department of the Air Force, Homeland security, U.S. Department of Defense Strategy for Operating in Cyberspace, Council, NYSE, Columbia Law School, Trustee, MET, Foreign policy, Steel, Morehouse College, Courage, Center for a New American Security, PG, Government, The American Lawyer, Barack Obama, Paul, Weiss, Rifkind, Wharton & Garrison, Columbia University, Bachelor of Arts, Multimedia, General counsel, MetLife Inc. v. Financial Stability Oversight Council, Lockheed Martin, U.S. Steel

MetLife, Inc. (NYSE: MET) today announced that Jeh Charles Johnson was elected to its board of directors, effective immediately.

Key Points: 
  • MetLife, Inc. (NYSE: MET) today announced that Jeh Charles Johnson was elected to its board of directors, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20230228006101/en/
    Jeh Johnson named to MetLife's board of directors (Photo: Business Wire)
    Johnson is a partner at the law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP, where he advises clients on legal aspects of cybersecurity, among other areas.
  • Previously, Johnson served as Secretary of Homeland Security from December 2013 to January 2017, leading the third largest cabinet department of the U.S. government.
  • I look forward to working with Jeh and the rest of the board as we focus on delivering for MetLife’s stakeholders.”
    MetLife President and CEO Michel Khalaf added: “I am delighted that Jeh has joined MetLife’s board of directors.

KULR Secures Follow-On $2.68 Million Contract as Exclusive Supplier of Fail-Safe Battery Safety Solutions for Industrial Scale Energy Storage System Manufacturer

Retrieved on: 
Tuesday, February 28, 2023
Research report, Inflation, Safety, PPR, Inflation Reduction Act of 2022, Cloud computing, Vehicle registration plates of Nepal, NASA, NYSE, Energy, United States Department of Defense, Customer, UL, Automation, Electricity, SAN, KULR, Certification, Erongo Battery Energy Storage System, Lockheed Martin, USD, Electric battery

This is a follow-on order as the Customer prepares to scale towards the full automation of its battery assembly operations, whilst KULR expands its automated PPR component manufacturing in North America.

Key Points: 
  • This is a follow-on order as the Customer prepares to scale towards the full automation of its battery assembly operations, whilst KULR expands its automated PPR component manufacturing in North America.
  • The systems also provide fully renewable mobile energy solutions for construction equipment, waste disposal, last-mile delivery, as well as other portable industrial markets.
  • "We are pleased to be the exclusive supplier of fail-safe stationary storage battery solutions for this Customer’s significant buildout,” said KULR CEO Michael Mo.
  • This latest Customer order follows the recent announcement that KULR commenced Phase 2 development of its PPR battery systems for Lockheed Martin Corporation’s Advanced Energy Systems.