Raytheon Technologies

Global Radome Market Analysis and Forecasts Report 2023-2028: Growing Demand for Technologically Advanced Carbon Fiber Radome Systems for Next-Generation Aircraft Taking the Market to New Heights

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星期六, 二月 24, 2024

The radome market is constantly evolving with the introduction of new technologies and manufacturing processes.

Key Points: 
  • The radome market is constantly evolving with the introduction of new technologies and manufacturing processes.
  • The North American region is witnessing robust growth in the radome market driven by key business factors.
  • The presence of key radome manufacturers and suppliers in North America, as well as global competition, influences market dynamics.
  • This growing demand for satellite launches is translating into a higher demand for SLV radomes, which protect the delicate radar systems on these vehicles.

Underwater Warfare Market worth $5.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

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星期一, 二月 19, 2024

Based on the systems, the unmanned systems segment is estimated to lead the Underwater Warfare market from 2023 to 2028.

Key Points: 
  • Based on the systems, the unmanned systems segment is estimated to lead the Underwater Warfare market from 2023 to 2028.
  • The unmanned systems market is growing rapidly due to various factors including technological advancement in naval industry.
  • The unmanned systems include autonomous or remote-controlled vehicles designed to perform various tasks underwater, such as surveillance, mapping, and even warfare.
  • The increasing demand for anti-submarine warfare equipment has contributed to the growth of surface ships in the underwater warfare industry .

Underwater Warfare Market worth $5.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
星期一, 二月 19, 2024

Based on the systems, the unmanned systems segment is estimated to lead the Underwater Warfare market from 2023 to 2028.

Key Points: 
  • Based on the systems, the unmanned systems segment is estimated to lead the Underwater Warfare market from 2023 to 2028.
  • The unmanned systems market is growing rapidly due to various factors including technological advancement in naval industry.
  • The unmanned systems include autonomous or remote-controlled vehicles designed to perform various tasks underwater, such as surveillance, mapping, and even warfare.
  • The increasing demand for anti-submarine warfare equipment has contributed to the growth of surface ships in the underwater warfare industry .

Citizens Financial Group Announces Appointment of Tracy A. Atkinson to Board of Directors; Edward J. Kelly III to Serve as Lead Independent Director with Retirement of Shivan Subramaniam

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星期五, 二月 16, 2024

Added Van Saun: “I very much look forward to Ned’s continued contributions to Citizens in his expanded role, and I would like to express my deep appreciation to Shivan for his strong counsel and invaluable service since joining our board in 2005 -- a highly successful and transformative period for Citizens.”

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Tracy A. Atkinson to the company’s Board of Directors, effective March 1, 2024.
  • Atkinson’s appointment will temporarily expand the Citizens Board to 14 directors.
  • “We are pleased to welcome Tracy to our board of directors,” said Chairman and Chief Executive Officer Bruce Van Saun.
  • Subramaniam, who has served on the Board since 2005, has reached the mandatory retirement age under the company’s Corporate Governance Guidelines.

RTX will showcase the future of flight and the latest advancements in global security at Singapore Airshow 2024

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星期四, 二月 15, 2024

SINGAPORE, Feb. 15, 2024 /PRNewswire/ -- (SINGAPORE AIRSHOW) — RTX (NYSE: RTX), the world's largest aerospace and defense company, is set to feature its latest commercial and defense technologies at the Singapore Airshow taking place February 19-24. The company will highlight its commitment to serving the needs of a growing military and commercial aviation customer base in the region while showcasing its expansion in aftermarket capabilities and advancements in the future of air travel.

Key Points: 
  • "With a nearly 50-year history in Singapore and the Asia-Pacific region, RTX represents more than 16,000 employees in 17 locations, and is the largest foreign employer in aerospace & defense in Singapore," said Liping Xie, vice president of government relations in Asia-Pacific.
  • "At this year's show, we'll announce expansion plans in Singapore, emphasizing our commitment to our customers and partners in this strategic region for our company's growth."
  • Highlighting defense solutions, the company will display an array of capabilities that support air warfare needs and a more connected battlespace.
  • Models of both the F100 and F135 engines that power F-15s, F-16s, and F-35s in the Asia Pacific region will also be on display.

BioFlyte Appoints Clark Griffin as Vice President of Engineering

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星期四, 二月 8, 2024

BioFlyte , a bioaerosol surveillance firm with a disruptive new class of fieldable biological threat collection, detection, and identification solutions, today announced the appointment of Richard C. (Clark) Griffin as Vice President of Engineering.

Key Points: 
  • BioFlyte , a bioaerosol surveillance firm with a disruptive new class of fieldable biological threat collection, detection, and identification solutions, today announced the appointment of Richard C. (Clark) Griffin as Vice President of Engineering.
  • In this role, Griffin will lead BioFlyte’s engineering group, executing full lifecycle product development and commercializing its groundbreaking bioaerosol surveillance solutions.
  • View the full release here: https://www.businesswire.com/news/home/20240208354159/en/
    BioFlyte appoints Clark Griffin as Vice President of Engineering to guide the company's engineering and new product development efforts (Photo: Business Wire)
    Griffin has over four decades of experience in all aspects of product development – from concept, technical requirements and design to integration, testing and production.
  • Griffin comes to BioFlyte from The Boeing Company where he led systems engineering efforts for multiple laser development programs.

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

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星期三, 二月 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.

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

Retrieved on: 
星期三, 二月 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

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星期二, 二月 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

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星期三, 一月 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.