Boeing (NYSE: BA) forecasts the aerospace and defense market to reach $8.7T and defense and space opportunities to hit $3.1T in the next 10 years as government agencies adopt new technologies, update military systems and expand maritime and space exploration.
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A new report by consulting firm McAleese & Associates says Boeing’s (NYSE: GD) defense, space and security business recorded $6.6B in sales for the first quarter of 2029, reflecting a 2 percent rise from the prior year period. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 …
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A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the first quarter of 2019 climb 23 percent to $14.3B primarily driven by sales growth in the company’s aeronautics and missiles and fires control business units. Jim McAleese, founder and principal of McAleese & Associates …
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Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), told Breaking Defense in an interview published Wednesday that the merger with Engility allowed SAIC to double its intelligence business. He said the transaction enabled SAIC to broaden its reach to a wider range of agencies within the intelligence community, …
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TYSONS CORNER, VA, December 12, 2018 — Lockheed Martin (NYSE: LMT) has entered into a partnership with Amazon Web Services in an effort to enable customers to access satellite data and send satellite commands via the cloud even with unexpected outages or disturbances, ExecutiveBiz reported Nov. 28. The AWS Ground Station …
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TYSONS CORNER, VA, October 18, 2018 — Amazon Web Services is collaborating with Iridium Communications (Nasdaq: IRDM) to create a cloud-based satellite service that will work to support the former’s internet of things applications, ExecutiveBiz reported Sept. 28. Iridium said Sept. 27 its satellite network will underpin Iridium CloudConnect, which is …
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TYSONS CORNER, VA, October 8, 2018 — Lockheed Martin (NYSE: LMT) has named Raytheon (NYSE: RTN) and a partnership between Northrop Grumman (NYSE: NOC) and Ball Aerospace as potential suppliers of mission payloads for the U.S. Air Force‘s Next Generation Overhead Persistent Infrared geosynchronous Earth orbit satellite, ExecutiveBiz reported Friday. The …
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TYSONS CORNER, VA, September 24, 2018 — Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM), has said the company’s first-generation low-Earth-orbit communications satellites are scheduled to finish the deorbiting process within the first quarter of 2019, with 41 of 66 units in the constellation already removed, ExecutiveBiz reported Sept. 13. …
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Lockheed Martin (NYSE: LMT) has secured a potential $7.2B follow-on contract from the U.S. Air Force to build an additional 22 GPS III satellites. The service said Friday it expects the initial GPS IIIF satellite to be available for liftoff by 2026 under the fixed-price contract. “Getting to a manufacturing …
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TYSONS CORNER, VA, July 17, 2018 — A General Dynamics (NYSE: GD) business unit has partnered with Telesat to build user terminals for the latter’s low Earth orbit satellites that will work to provide broadband connectivity services for government and commercial clients, ExecutiveBiz reported Wednesday. General Dynamics Mission Systems will leverage …
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