Raytheon Technologies

Military Drone Market worth $18.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

Based on propulsion, The military drone market has been categorized into turbo engines, piston engines, and battery-powered drones.

Key Points: 
  • Based on propulsion, The military drone market has been categorized into turbo engines, piston engines, and battery-powered drones.
  • Currently, the subsonic segment dominates the market, reflecting the prevalence of military drones operating at conventional subsonic speeds.
  • The Asia Pacific region is projected to be high growth potential markets for the military drone during the forecast period.
  • Notably, countries such as China, Malaysia, South Korea, and India are making substantial investments in the development of military drone projects.

Surveying Equipment Market size is set to grow by USD 2.86 billion from 2022-2027, The growth of the UAV market to be a major trend - Technavio

Retrieved on: 
Tuesday, February 6, 2024

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- The global surveying equipment market size is estimated to grow by USD 2.86 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ -- The global surveying equipment market size is estimated to grow by USD 2.86 billion from 2022 to 2027, according to Technavio.
  • A significant trend in the surveying equipment market is the increasing adoption of UAVs, particularly for civil applications, offering cost-effective and rapid geospatial data acquisition.
  • The Industrial Multiprotocol Gateways Market size is estimated to grow at a CAGR of 9.7% between 2022 and 2027.
  • The field devices calibration services market size is estimated to grow at a CAGR of 4.54% between 2022 and 2027.

Northrop Grumman Passes Preliminary Design Review for Next Generation Interceptor Solution

Retrieved on: 
Wednesday, January 31, 2024

HUNTSVILLE, Ala., Jan. 31, 2024 (GLOBE NEWSWIRE) -- The Northrop Grumman Corporation (NYSE: NOC) Next Generation Interceptor team completed its All-Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA) on January 26.

Key Points: 
  • HUNTSVILLE, Ala., Jan. 31, 2024 (GLOBE NEWSWIRE) -- The Northrop Grumman Corporation (NYSE: NOC) Next Generation Interceptor team completed its All-Up Round (AUR) Preliminary Design Review (PDR), in partnership with the Missile Defense Agency (MDA) on January 26.
  • Northrop Grumman’s Next Generation Interceptor (NGI) team completed its Preliminary Design Review one year earlier than the original contract date.
  • (Credit: Northrop Grumman)
    The PDR established the technical approach for the full integration of Northrop Grumman’s interceptor design across all its subsystems to move into more advanced phases of development.
  • Lisa Brown, vice president, Next Generation Interceptor program, Northrop Grumman: “The Northrop Grumman NGI PDR demonstrated our technology, innovation, readiness, and performance.

Living Security Expands Expertise in Identity, UEBA, and Insider Threat Through the Addition of Two Long-Time Cyber Executives to their Team

Retrieved on: 
Wednesday, January 31, 2024

These new appointments will accelerate the advancement of the Living Security Unify Human Risk Management Platform.

Key Points: 
  • These new appointments will accelerate the advancement of the Living Security Unify Human Risk Management Platform.
  • From there, Unify enables security teams to prevent potential attacks by proactively applying targeted nudges, training, and adaptive policies.
  • “I am energized to join the Strategic Advisory Board of Living Security to help bring the concept of human-centric security into the modern enterprise."
  • Living Security has experienced tremendous growth in the past year, with new and innovative product launches, strategic partnerships, a new channel program, and new C-suite executives.

RTX works with AMD to develop next-gen Multi-Chip Package

Retrieved on: 
Thursday, February 1, 2024

ARLINGTON, Va., Feb. 1, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $20 million contract through the Strategic and Spectrum Missions Advanced Resilient Trusted Systems (S2MARTS) consortium to develop a next-generation multi-chip package for use in ground, maritime and airborne sensors.

Key Points: 
  • ARLINGTON, Va., Feb. 1, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, has been awarded a $20 million contract through the Strategic and Spectrum Missions Advanced Resilient Trusted Systems (S2MARTS) consortium to develop a next-generation multi-chip package for use in ground, maritime and airborne sensors.
  • Under the contract, Raytheon will package state-of-the-art commercial devices from industry partners like AMD to create a compact microelectronics package that will convert radio frequency energy to digital information with more bandwidth and higher data rates.
  • The integration will result in new system capabilities designed with higher performance, lower power consumption and reduced weight.
  • "Together, we will deliver the first multi-chip package that features the latest in interconnect ability – which will provide new system capabilities to our warfighters."

RTX's CHIMERA high-power microwave system excels during three-week field test

Retrieved on: 
Monday, January 29, 2024

WHITE SANDS, N.M., Jan. 29, 2024 /PRNewswire/ -- The Air Force Research Laboratory and Raytheon, an RTX (NYSE: RTX) business, have successfully completed a three-week field test of the CHIMERA high-power microwave (HPM) weapon at White Sands Missile Range in New Mexico. During the test, CHIMERA applied directed energy to multiple static target variations and demonstrated end-to-end fire control by acquiring and tracking aerial targets and maintaining tracking for the entire flight path.

Key Points: 
  • During the test, CHIMERA applied directed energy to multiple static target variations and demonstrated end-to-end fire control by acquiring and tracking aerial targets and maintaining tracking for the entire flight path.
  • The Counter-Electronic High-Power Microwave Extended-Range Air Base Defense system, known as CHIMERA, was built to fire highly concentrated radio energy at multiple middle-to-long-range targets.
  • The ground-based demonstration system wields more power than other HPM systems to defeat airborne threats at the speed of light.
  • CHIMERA is part of the Directed Energy Front-line Electromagnetic Neutralization and Defeat (DEFEND) program , which is a joint service effort to design, build and test HPM systems for front-line deployment.

Kusari Raises $8 Million to Bring Transparency and Security to the Software Supply Chain

Retrieved on: 
Thursday, January 18, 2024

Kusari , a software supply chain security startup, today announced it raised $8 million through combined investments in Pre-Seed and Seed Round funding.

Key Points: 
  • Kusari , a software supply chain security startup, today announced it raised $8 million through combined investments in Pre-Seed and Seed Round funding.
  • Kusari was established in June 2022 to address the lack of transparency within the software supply chain and development lifecycle, which can lead to costly security vulnerabilities.
  • Transparency into the software supply chain will allow organizations to identify potential weak points and resolve issues faster, helping them maintain trust with partners and minimize risk.
  • “In an era where software supply chain attacks are on the rise, the demand for stringent security measures has never been more critical.

EQS-News: Mynaric Selected for Phase 2 of DARPA Space-BACN Program

Retrieved on: 
Wednesday, January 17, 2024

LOS ANGELES, January 16, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, has been selected as a key development partner of Phase 2 of the Space-based adaptive communications node (Space-BACN) program of the Defense Advanced Research Projects Agency (DARPA).

Key Points: 
  • LOS ANGELES, January 16, 2024 – Mynaric (NASDAQ: MYNA) (FRA: M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, has been selected as a key development partner of Phase 2 of the Space-based adaptive communications node (Space-BACN) program of the Defense Advanced Research Projects Agency (DARPA).
  • DARPA’s Space-BACN program envisions a low-cost, scalable optical communications terminal that could be reconfigured to work with various optical intersatellite link standards allowing seamless communication among government and commercial LEO satellite constellations.
  • Today’s announcement follows Mynaric’s previous participation in Phase 0 in December 2021 and Phase 1 in August 2022 of the program.
  • In addition, Mynaric was recently selected by the SDA to contribute to an optical ground station demonstration .

AgEagle Aerial Systems Appoints Chairman Grant Begley as Interim CEO

Retrieved on: 
Tuesday, January 16, 2024

WICHITA (Kan.), Jan. 16, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of full stack drone, sensors and software solutions for customers worldwide in the commercial and government verticals, today announced the appointment of Company Chairman Grant Begley to Interim Chief Executive Officer position, effective January 1, 2024. 

Key Points: 
  • WICHITA (Kan.), Jan. 16, 2024 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS) a leading provider of full stack drone, sensors and software solutions for customers worldwide in the commercial and government verticals, today announced the appointment of Company Chairman Grant Begley to Interim Chief Executive Officer position, effective January 1, 2024.
  • Commenting on the appointment, Begley stated, “I am honored to lead the Company marked by its deep Unmanned Aerial System (“UAS”) technology heritage.
  • An active Board member of Vaya Space since 2015, Grant also served as the vortex-hybrid rocket company’s CEO from 2018 through 2022.
  • AUVSI is the global leader for enhancing the advancement of uncrewed, robotic and autonomous systems for the benefit of humanity, the environment and economy.

Global Military GPS Receivers Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 12, 2024

The "Global Military GPS Receivers Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Military GPS Receivers Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The military GPS receiver market is segmented into P(Y) Code GPS receivers and M-Code GPS receivers.
  • The market is segmented into single-frequency GPS receivers and dual-frequency GPS receivers.
  • The military GPS receiver market is segmented into aviation-based GPS receivers, ground-based GPS receivers, PGM-based GPS receivers, handheld GPS receivers, and maritime equipment-based GPS receivers.