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May 20, 2022 | Information, Other Defence

Investment firm Carlyle to buy ManTech in $4.2B deal

The acquisition, if approved by shareholders and the government, is expected to be completed later this year.

https://www.defensenews.com/industry/2022/05/16/investment-firm-carlyle-to-buy-mantech-in-42b-deal/?utm_source=sailthru&utm_medium=email&utm_campaign=dfn-ebb

On the same subject

  • Leonardo cède à Thales sa part dans la joint-venture AAC

    May 2, 2022 | Information, Naval

    Leonardo cède à Thales sa part dans la joint-venture AAC

    Thales a déclaré dans un communiqué que son unité Thales Defence & Security (TDSI) allait acquérir la participation à parts égales de DRS, l'unité américaine de Leonardo, soit la pleine propriété dans la joint-venture Advanced Acoustic Concepts (AAC). Le portefeuille d'AAC, spécialisé dans les sonars, lui permettra de renforcer ses activités dans les systèmes sous-marins et la technologie navale. Cette cession fait suite à la vente par DRS, le mois dernier, de son activité de communication par satellite GES à SES pour 450 M$ alors que Leonardo réorganise son portefeuille d'actifs pour se concentrer sur ses activités principales telles que l'électronique de défense et les hélicoptères. « Cette transaction est une nouvelle étape dans l'exécution de notre plan industriel. Nous continuons à nous concentrer sur notre cœur de métier », a déclaré Alessandro Profumo, le directeur général de Leonardo. Challenges et La Tribune du 27 avril

  • Global Military Sensors Market to Reach $33.2 Billion by 2025, Growing from $24.7 Billion in 2019 at a CAGR of 5.1% During 2019-2025

    July 30, 2019 | Information, C4ISR

    Global Military Sensors Market to Reach $33.2 Billion by 2025, Growing from $24.7 Billion in 2019 at a CAGR of 5.1% During 2019-2025

    The military sensors market is projected to grow from USD 24.7 billion in 2019 to USD 33.2 billion by 2025, at a CAGR of 5.1% between 2019 and 2025. This market study covers the military sensors market across various segments and sub-segments. It aims at estimating the size and growth potential of this market across different segments based on platform, application, component, and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them. Major players operating in the military sensors market are Honeywell International Inc. (US), TE Connectivity Ltd. (US), Thales Group (France), Curtiss-Wright Corporation (US), Raytheon Company (US), Esterline Technologies Corporation (US), Kongsberg Gruppen ASA (Norway), and BAE Systems plc (UK), among others. Increasing demand for unmanned vehicles and ongoing military modernization programs are expected to fuel the growth of the military sensors market across the globe Some of the factors that are expected to fuel the growth of the military sensors market are increased defense spending of different countries to strengthen their defense capabilities. However, the formulation and implementation of various rules and regulations related to the transfer of weapons and associated technologies are expected to act as restraints for the growth of the market. The electronic warfare segment of the market is projected to grow at the highest CAGR from 2019 to 2025 Based on application, the electronic warfare segment of the market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increased procurement of fighter jets. For instance, in June 2019, the US Government and Lockheed Martin entered into an agreement worth USD 34.0 billion for the procurement of 470 F-35 fighter jets. The software segment of the military sensors market is projected to grow at the highest CAGR during the forecast period Based on component, the software segment is projected to grow at the highest CAGR from 2019 to 2025. Increasing demand for real-time processing and analyzing of data through artificial intelligence and machine learning is expected to drive the growth of the software segment of the military sensors market during the forecast period. With the development of artificial intelligence and machine learning, the software used in military sensors can distinguish between two objects. The North American region is estimated to account for the largest share of the military sensors market in 2019 The North American region is expected to lead the military sensors market in 2019. The market in the region is highly competitive, owing to the presence of a large number of Original Component Manufacturers (OCMs) and Original Equipment Manufacturers (OEMs) such as Raytheon Company (US), Curtiss-Wright Corporation (US), and TE Connectivity Ltd. (US) in the region. Increasing the procurement of guided munition and military aircraft is expected to fuel the growth of the military sensors market in North America. Market Dynamics Drivers Increasing Demand for Battlespace Awareness Among Defense Forces Ongoing Advancements in MEMS Technology Increasing Use of UAVs in Modern Warfare Restraints Lack of Accuracy & Operational Complexities in MEMS Inertial Navigation Sensors Rules & Regulations Related to the Transfer of Weapons and Their Associated Technologies Declining Defense Budgets of Several Countries of North America & Europe Opportunities Demand for New Generation Air and Missile Defense Systems Integration of Anti-Jamming Capabilities With Navigation Systems Challenges Cybersecurity Risks Complexity in the Designs of Military Sensors Companies Profiled BAE Systems PLC Esterline Technologies Corporation Honeywell International Inc. Imperx Kongsberg Gruppen Lockheed Martin Microflown Avisa B.V. Raytheon Rockwest Solutions TE Connectivity Ltd. Thales Ultra Electronics Vectornav Technologies, LLC Viooa Imaging Technology For more information about this report visit https://www.researchandmarkets.com/r/a91ey1 https://www.businesswire.com/news/home/20190729005354/en

  • Canada needs to start seeing Russia and China as 'adversaries,' says ex-CSIS chief

    November 18, 2019 | Information, Other Defence

    Canada needs to start seeing Russia and China as 'adversaries,' says ex-CSIS chief

    Richard Fadden said Ottawa needs to acknowledge the United States is withdrawing from global leadership Murray Brewster Canada needs to be "clear-eyed" about the threat posed by Russia and China — and the power vacuum at the global level left by the United States' growing isolationism — a former national security adviser to prime ministers told an audience of military and defence officials Friday. "The risks posed by these two countries are certainly different, but they are generally based on advancing all their interests to the detriment of the West," Richard Fadden, former national security adviser to both Prime Minister Justin Trudeau and his predecessor, Stephen Harper, said in a speech to the Conference of Defence Associations Institute (CDAI) Friday. "Their activities span the political, military and economic spheres." Fadden, who also served as the head of the Canadian Security Intelligence Service and as deputy defence minister, made the remarks at the CDAI's annual Vimy Dinner in Ottawa. He said his criticism was not political or aimed at any particular government, but was meant to prompt public debate about security and defence policies — a subject that was virtually ignored during the recently concluded federal election. Both China and Russia have demonstrated they are prepared to "use virtually any means to attain their goals," while the U.S. has effectively withdrawn from the world stage, Fadden said. That emerging vacuum means Canada will have to work harder with other allies to address global crises at times when the Americans are unable, or unwilling, to lead. 'Clear limits to what we will accept' But to do that, Fadden said, Canada will have to be "clear-eyed" about the way the world has changed over the last decade or more. Canada should "recognize our adversaries for what they are, recognize we have to deal with them, but draw clear limits to what we will accept," he said. Ottawa also has to recognize, he said, that the old post-Cold War world order "with comprehensive U.S. leadership is gone, and is not coming back in the form we knew." In some respects, Fadden's remarks are a more blunt and urgent assessment of the geopolitical landscape than the one Foreign Affairs Minister Chrystia Freeland delivered in a landmark speech in June 2017, when she warned Canada could no longer depend upon U.S. protection and leadership. The comments by the former top security official came just as French President Emmanuel Macron also was lamenting the loss of American leadership, saying NATO is facing "brain death" without Washington's full involvement. When he was director of CSIS a number of years ago, Fadden warned about increasing Chinese influence over Canadian municipal and provincial politics. He said during his speech Friday that "the West does not have its act together as much as it could and should" and its response to emerging threats has been dysfunctional. Meanwhile, Fadden said, the rise in violent radicalism in the West is no longer being confined to Islamist extremism. "Right-wing terrorism is growing and, like its cousin jihadist terrorism, it is a globalized threat," he said. "We will ignore it at our peril." His speech also touched on emerging threats in cyber warfare. Many western democracies have not felt threatened in the globalized world of the last three decades — but that era is ending now, said Fadden, and Canadians have to face new sources of risk. "This issue is especially visible in Canada," he said. "We are surrounded by three oceans and the U.S., so we don't really feel threatened when, in a totally globalized world, that is unrealistic." https://www.cbc.ca/news/politics/canada-russia-china-fadden-trump-1.5357109

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