Lockheed Martin

Global Rocket and Missile Market Research Report 2023: Analysis by Product, Speed, Propulsion Type, Launch Mode, Guidance Mechanism & Region - Forecast to 2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 5, 2024

The "Global Rocket and Missile Market by Product (Missiles, Rockets & Torpedoes), Speed (Subsonic, Supersonic, Hypersonic), Propulsion Type (Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet), Launch Mode, Guidance Mechanism & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Rocket and Missile Market by Product (Missiles, Rockets & Torpedoes), Speed (Subsonic, Supersonic, Hypersonic), Propulsion Type (Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet), Launch Mode, Guidance Mechanism & Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • It aims at estimating the size and growth potential of this market across different segments based on speed, product, propulsion type, guidance mechanism, launch platform and region.
  • North America is projected to be the largest regional share of the rocket and missile market during the forecast period.
  • Based on propulsion type, the rocket and missile market has been segmented into Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet.

Global Rocket and Missile Market Research Report 2023-2028: Opportunities in Miniaturization, Rising Adoption of Ai, New-Generation Air and Missile Defense Systems, and Hybrid Rockets and Missiles

Retrieved on: 
Thursday, January 4, 2024

Furthermore, increasing number of conflicts, and high defense spending are some of the major factors driving the market globally.

Key Points: 
  • Furthermore, increasing number of conflicts, and high defense spending are some of the major factors driving the market globally.
  • However, issues related to the integration of missiles pose a challenge for Rocket and missile market growth.
  • North America is projected to be the largest regional share of the rocket and missile market during the forecast period.
  • Based on propulsion type, the rocket and missile market has been segmented into Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet.

Global Meteorological Equipment Market Analysis Report 2023: Advancements in Weather Forecasting, Climate Change Mitigation, Disaster Preparedness and Management, Budgetary Constraints

Retrieved on: 
Wednesday, January 3, 2024

The Meteorological Equipment Market is driven by advancements in weather forecasting, climate change mitigation efforts, and disaster preparedness initiatives.

Key Points: 
  • The Meteorological Equipment Market is driven by advancements in weather forecasting, climate change mitigation efforts, and disaster preparedness initiatives.
  • As the market evolves, meteorological equipment will remain an indispensable tool for understanding and managing the dynamic forces of weather and climate.
  • One of the primary drivers of the Meteorological Equipment Market is the constant advancements in weather forecasting technologies.
  • The United Nations Framework Convention on Climate Change emphasizes the role of meteorological data in understanding and addressing climate change challenges.

Introducing Industrial Defender Risk Signal, an Intelligent Risk-Based Vulnerability Management Solution for OT Security

Retrieved on: 
Wednesday, January 3, 2024

FOXBOROUGH, Mass. , Jan. 3, 2024 /PRNewswire/ -- Industrial Defender, the leading provider of OT asset data and cybersecurity solutions for industrial organizations, is excited to announce the launch of the Industrial Defender Risk Signal, its new risk-based vulnerability management (RBVM) solution. Building upon the company's robust vulnerability assessment capabilities, Industrial Defender Risk Signal intelligently prioritizes vulnerability for highest impact, integrating threat intelligence and the user's specific business context.

Key Points: 
  • , Jan. 3, 2024 /PRNewswire/ -- Industrial Defender , the leading provider of OT asset data and cybersecurity solutions for industrial organizations, is excited to announce the launch of the Industrial Defender Risk Signal , its new risk-based vulnerability management (RBVM) solution.
  • Building upon the company's robust vulnerability assessment capabilities, Industrial Defender Risk Signal intelligently prioritizes vulnerability for highest impact, integrating threat intelligence and the user's specific business context.
  • Industrial Defender's RBVM solution enables a significant evolution in vulnerability management for industrial environments.
  • "Grasping the actual risk of a discovered vulnerability is especially important when managing OT," said Jay Williams, CEO of Industrial Defender.

World Meteorological Equipment Research Report 2023 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 3, 2024

The meteorological equipment market is expected to grow at a CAGR of 4.5% during the forecast period of 2023 to 2031.

Key Points: 
  • The meteorological equipment market is expected to grow at a CAGR of 4.5% during the forecast period of 2023 to 2031.
  • As the market evolves, meteorological equipment will remain an indispensable tool for understanding and managing the dynamic forces of weather and climate.
  • One of the primary drivers of the Meteorological Equipment Market is the constant advancements in weather forecasting technologies.
  • The acquisition, deployment, and maintenance of meteorological equipment involve substantial costs, including equipment purchase, installation, calibration, and training of personnel.

Air Industries Group Subsidiary Sterling Engineering Corporation Receives $3.2M in New Contracts

Retrieved on: 
Wednesday, January 3, 2024

Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that its Sterling Engineering Corporation (Sterling) subsidiary has received two contracts totaling approximately $3.2 million.

Key Points: 
  • Air Industries Group (NYSE American: AIRI), an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, today announced that its Sterling Engineering Corporation (Sterling) subsidiary has received two contracts totaling approximately $3.2 million.
  • Sterling Engineering has been awarded two contracts for engine components used in the F-135 jet engine that powers the Lockheed Martin F-35 Lightning II.
  • Mr. Lou Melluzzo, CEO of Air Industries, commented: “These awards continue what has been a very strong increase in business at Sterling Engineering.
  • The increase in backlog, together with these new contracts confirm Sterling’s ability to increase its revenue and return to profitability.”

AESA Radar System being integrated in Modern Fighter Aircraft with Espey participating in multiple production programs

Retrieved on: 
Wednesday, December 20, 2023

Notably, many older fighter aircraft are undergoing retrofitting to incorporate AESA radars.

Key Points: 
  • Notably, many older fighter aircraft are undergoing retrofitting to incorporate AESA radars.
  • Numerous factors contribute to achieving this capability, including an aircraft’s radar cross-section, missile range, and rules of engagement.
  • Espey is actively engaged in several AESA radar programs, providing essential power systems and magnetic products to support these cutting-edge radar systems.
  • David O’Neil, Espey’s Chief Executive Officer, expressed, “As AESA Radar systems continue to advance and integrate into multiple flight platforms, Espey stands alongside its customers, supporting their power system requirements.

Mobix Labs Completes Acquisition of EMI Solutions

Retrieved on: 
Tuesday, December 19, 2023

IRVINE, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Mobix Labs, Inc ., a fabless semiconductor company developing disruptive next-generation connectivity technologies for 5G infrastructure, satellite communications, and defense industries, today announced that it has closed its previously reported acquisition of EMI Solutions, an Irvine-based manufacturer of electromagnetic interference filtering products for military and aerospace applications.

Key Points: 
  • IRVINE, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Mobix Labs, Inc ., a fabless semiconductor company developing disruptive next-generation connectivity technologies for 5G infrastructure, satellite communications, and defense industries, today announced that it has closed its previously reported acquisition of EMI Solutions, an Irvine-based manufacturer of electromagnetic interference filtering products for military and aerospace applications.
  • This strategic move marks a significant milestone for Mobix Labs and positions the company for accelerated growth by gaining access to new High-Reliability (HiRel) customers and markets.
  • EMI Solutions has more than 20 years of acquired expertise and is recognized as the leading small business manufacturer of EMI filtering products for the military and aerospace supply chain.
  • “The successful acquisition of EMI Solutions aligns with our commitment to an active, accretive M&A strategy, which augments the development of our in-house next-generation wireless products,” said Fabian Battaglia, CEO of Mobix Labs.

Marotta Controls Earns Top Honors from Lockheed Martin

Retrieved on: 
Wednesday, November 29, 2023

Marotta Controls earned Lockheed’s Program Management Excellence and President’s Awards for its performance as a key supplier to Lockheed’s Precision Strike Missile (PrSM) program.

Key Points: 
  • Marotta Controls earned Lockheed’s Program Management Excellence and President’s Awards for its performance as a key supplier to Lockheed’s Precision Strike Missile (PrSM) program.
  • Marotta provides a complex control system for this critical Lockheed program, which is the company’s next-generation, long-range precision-strike missile designed for the U.S. Army.
  • “Lockheed Martin works with top suppliers in the industry to ensure our customers always stay ahead of ready.
  • Marotta Controls has been eager to collaborate and deliver,” said Jay Price, vice president of Precision Fires at Lockheed Martin.

Opportunity Assessment of the Missile Tracking Systems Market, 2023 to 2033: AI and ML Integration for Directed Energy Weapons (DEWs)

Retrieved on: 
Friday, December 22, 2023

Additionally, the space-based missile tracking systems segment includes armored radar vehicle, armored personnel carrier (APC), military radar truck, and anti-tank guided missile (ATGM) vehicle segments.

Key Points: 
  • Additionally, the space-based missile tracking systems segment includes armored radar vehicle, armored personnel carrier (APC), military radar truck, and anti-tank guided missile (ATGM) vehicle segments.
  • Moreover, favorable government policies are also expected to support the growth of the missile tracking systems market in North America and Europe during the forecast period.
  • In North America, the U.S. is anticipated to show the highest growth in the missile tracking systems market among other countries in North America.
  • Directed Energy Weapons: Directed energy weapons (DEWs) can considerably improve the overall efficacy of missile tracking systems by providing quick, precision-based countermeasures.