Lockheed Martin

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

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.

Global Optical Satellite Industry Research Report 2023: Government Investments Accelerate Growth of Optical Satellite Infrastructure, Leading Players Innovate to Capture Market Share

Retrieved on: 
Wednesday, February 14, 2024

The earth observation segment in the optical satellite market is being driven by evolving global security dynamics.

Key Points: 
  • The earth observation segment in the optical satellite market is being driven by evolving global security dynamics.
  • The Asia Pacific region is witnessing robust growth in the optical satellite market driven by key business factors.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the optical satellite market
    Market Development: Comprehensive information about lucrative markets - the report analyses the optical satellite market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the optical satellite market
    Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the optical satellite market

Former Microsoft and Dell Executive and U.S. Army Veteran, Tim Solms, Joins Slingshot Aerospace as CEO

Retrieved on: 
Wednesday, February 7, 2024

Slingshot Aerospace, Inc. , a leader in satellite tracking, space traffic coordination, and space modeling and simulation, today announced it has appointed former Microsoft , Dell , VMware , and Dun & Bradstreet executive Tim Solms to the role of CEO.

Key Points: 
  • Slingshot Aerospace, Inc. , a leader in satellite tracking, space traffic coordination, and space modeling and simulation, today announced it has appointed former Microsoft , Dell , VMware , and Dun & Bradstreet executive Tim Solms to the role of CEO.
  • Solms is an 18-year United States Army veteran who also brings more than 20 years of executive leadership experience with a focus on optimizing businesses for growth and profitability.
  • As Slingshot’s CEO, Solms will focus on innovation, growth, and expansion within government and commercial markets, in the U.S. and internationally.
  • In July 2020, Solms aided in the successful re-listing of the company on the New York Stock Exchange.

Small Drones Market worth $10.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 2, 2024

In terms of platform, the small drone market is divided into two main categories: civil & commercial and defense & government.

Key Points: 
  • In terms of platform, the small drone market is divided into two main categories: civil & commercial and defense & government.
  • The increasing demand for small drones for use in multiple potential applications in the civil & commercial sector has led to the growth of the small drone market.
  • The Asia Pacific region is projected to be a high growth potential market for small drones during the forecast period.
  • The Asia-Pacific small drone market is expanding thanks in part to the efforts of China, India, Japan, Australia, and South Korea.

Small Drones Market worth $10.4 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, February 2, 2024

In terms of platform, the small drone market is divided into two main categories: civil & commercial and defense & government.

Key Points: 
  • In terms of platform, the small drone market is divided into two main categories: civil & commercial and defense & government.
  • The increasing demand for small drones for use in multiple potential applications in the civil & commercial sector has led to the growth of the small drone market.
  • The Asia Pacific region is projected to be a high growth potential market for small drones during the forecast period.
  • The Asia-Pacific small drone market is expanding thanks in part to the efforts of China, India, Japan, Australia, and South Korea.

Eric Versluys Joins The Barnes Global Advisors Program Management Team

Retrieved on: 
Wednesday, January 31, 2024

PITTSBURGH, Jan. 31, 2024 /PRNewswire-PRWeb/ -- The Barnes Global Advisors (TBGA), a leader in advanced manufacturing (AM) consultancy services, is expanding its Programs team with the addition of Eric Versluys. Eric comes to TBGA with a wealth of program management experience across aerospace, automation, and manufacturing, providing a strong foundation to support TBGA customers in driving advanced manufacturing adoption.

Key Points: 
  • Versluys Experience Will Impact Customers Across Aerospace, Automation & Manufacturing
    PITTSBURGH, Jan. 31, 2024 /PRNewswire-PRWeb/ -- The Barnes Global Advisors (TBGA), a leader in advanced manufacturing (AM) consultancy services, is expanding its Programs team with the addition of Eric Versluys.
  • Eric comes to TBGA with a wealth of program management experience across aerospace, automation, and manufacturing, providing a strong foundation to support TBGA customers in driving advanced manufacturing adoption.
  • The Programs team, under the leadership of Jennifer Coyne, is the heartbeat of our organization and will truly benefit from the addition of Eric.
  • For more information about The Barnes Global Advisors and their expanded team, please visit http://www.barnesglobaladvisors.com
    View original content to download multimedia: https://www.prweb.com/releases/eric-versluys-joins-the-barnes-global-adv...

STEM Means Business: Clarkson University’s David D. Reh School of Business Prepares Students for Industry Success with STEM-Designated Programs

Retrieved on: 
Friday, January 26, 2024

The David D. Reh School of Business is integral to Clarkson’s proven STEM-focused education, research and innovation ecosystem.

Key Points: 
  • The David D. Reh School of Business is integral to Clarkson’s proven STEM-focused education, research and innovation ecosystem.
  • Recently, the School’s Bachelor of Science in Business Analytics degree became the newest of several business programs at Clarkson to be STEM-designated.
  • Clarkson’s business programs are designed with the same STEM mindset as the corporate partners who recruit Clarkson students for industry-relevant careers.
  • For more information about the David D. Reh School of Business at Clarkson University, visit clarkson.edu/academics/schools-colleges/business.

MCA Computer Corporation Hits Revenue Milestone, Exceeds $50 Million in Gross Sales

Retrieved on: 
Monday, January 22, 2024

MCA Computer Corporation – MCA, a rapidly expanding Aerospace, Defense, and Healthcare IT solutions provider and systems integrator, announced that its gross revenue has exceeded $50 million in sales ending December 31, 2023.

Key Points: 
  • MCA Computer Corporation – MCA, a rapidly expanding Aerospace, Defense, and Healthcare IT solutions provider and systems integrator, announced that its gross revenue has exceeded $50 million in sales ending December 31, 2023.
  • Specializing in delivering new custom-configured systems, critical spares, and professional services, MCA offers complete custom configured systems, engineering services, testing, repairs, and maintenance support.
  • “This recent achievement underscores the strength of our success with key customers such as Lockheed Martin, Boeing, General Dynamics, Philips Health Care, AGFA, and others.
  • Trust, responsiveness, client-centric collaboration, and on-time/on-budget delivery have consistently been our standard practices across all contracts,” stated Paul Makhail , President, MCA Corporation.

The Week in Press Releases: 15 Top Stories That You Might Have Missed

Retrieved on: 
Friday, January 26, 2024

NEW YORK, Jan. 26, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

Key Points: 
  • "Dolby Atmos captures the raw emotion of this story exactly as Jennifer intended it to be experienced.
  • These are just a few of the recent press releases that consumers and the media should know about.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger's next story.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines , features regular media news roundups, writing tips, upcoming events, and more.

LOCKHEED MARTIN AND RED 6 BUILD ON PARTNERSHIP THROUGH MENTOR-PROTÉGÉ AGREEMENT

Retrieved on: 
Wednesday, January 24, 2024

ORLANDO, Fla., Jan. 24, 2024 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Red 6 announced today a strategic joint venture and Mentor-Protégé Agreement under the U.S. Small Business Administration Mentor-Protégé Program.

Key Points: 
  • "Red 6 is thrilled for this opportunity to work more closely with Lockheed Martin.
  • Lockheed Martin will gain access to small business teaming partner contracts and bring small business innovation to large programs / contracts.
  • "Lockheed Martin continues making deliberate digital advancements and building partnerships to accelerate technology development across our platforms," said Aimee Burnett, Vice President, Business Development for the Integrated Fighter Group at Lockheed Martin.
  • Red 6 is a Lockheed Martin Ventures portfolio company selected in 2020 to accelerate the development and commercialization of Red 6's ATARS.