12 July 2018
According to a new report from Reuters, Japan will select Lockheed Martin’s Long Range Discrimination Radar for its two planned Aegis Ashore installations. The report suggests, that the decision was made ahead of a planned August budget request, and goes on to cite a Defense Ministry official directly familiar with the decision.
According to the report Lockheed Martin were competing with Raytheon’s SPY-6 radar system.
Reuters says, Japan has been seeking to bolster its missile defense as North Korea barges ahead with its missile development program, despite a recent easing in tension in the run-up to, and aftermath of, a meeting between North Korean leader Kim Jong Un and U.S. President Donald Trump.
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Military embedded system manufacturers are focusing on areas of innovation and technological advancement, resulting in enhanced speed and power efficiency of systems. These technological advancements include a wide variety of thermal cooling options to reduce heat emission and to keep systems functioning at peak performance levels. These factors are fuelling the growth of the military embedded systems market.
09 June 2020
Riflescopes currently are based on advanced optics and there are optics program that are working on digitalization and computerization of optics. For instance, current hunting scopes have the capability to be calibrated to specific calibres which can calculate the bullet’s arced trajectory and can be with integrated laser range finders which display the range to the target on the inside of the scope’s objective lens.
28 May 2020
The Market is estimated to be worth $1,583.1 million in 2020 and is expected to record favourable growth rates. There are more than 50,000 military aircraft in service around the globe, out of which the largest share is held by the US with around 13,000 aircraft in service .In spite of the major cuts in the defence budgets of developed economies in the past years, spending is expected to increase in the coming years owing to the rising international tensions.
11 May 2020
The global unmanned surface vehicle market was valued at US$645 million in 2019 and is expected to surpass US$2,020.8 million by 2030 (post COVID-19) while growing at a CAGR of over 11% over 2020-2030. Increasing demand for water quality monitoring and ocean data mapping along with growing need to enhance maritime security are key factors driving the growth of the global unmanned surface vehicle market.