Romania to buy 54 howitzers from South Korea’s Hanwha Aerospace

On the same subject

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  October 29, 2018 | International, Aerospace

  Demand for New and Refurbished Aircraft and Need for Lightweighting Materials Fuel Aerospace Adhesives and Coatings Sector Growth

  LONDON, Oct. 29, 2018 /CNW/ -- Current and evolving growth prospects in the global aerospace adhesives and coatings market look promising over the next six years. Frost & Sullivan's analysis forecasts the market to reach $1.90 billion by the end of 2024, driven by an increasing need for lighter materials, investment in technically advanced products, evolving regulations, and high-volume demand for new and refurbished aircraft. "While manufacturers are increasingly investing in product development to enhance environmental sustainability and product efficiency, customers are seeking out products that are easy to apply, highly durable, quick drying, lighter in weight, environmentally sustainable, and regulatory compliant," said Christeena Thomas, Senior Research Analyst,Chemicals and Materials, EIA at Frost & Sullivan. For further information on this analysis, please visit http://frost.ly/2vs Merger and acquisition activities are expected to continue, with global companies acquiring small manufacturers to access their products, technical competences, distribution channels, and customer bases. To gain a competitive advantage, Thomas recommends manufacturers invest in developing adhesive formulations that are superior in properties such as durability and UV resistance and compatible with multiple substrates while exhibiting reduced overall weight after application. Key trends creating growth opportunities in the market include: A boost in unmanned aerial vehicle demand in commercial, defence, and general aviation segments due to decreased technology costs High demand for adhesives and coatings in the defence and aerospace segments in the Asia-Pacific and Rest of World countries with increased investments in domestic manufacturing and operations Customer demands for newer, high-performance adhesives and coatings Growth in defense spending in the aerospace sector due to changing global economic conditions Growing demand for adhesive and coatings formulations that are compatible with robotic applications Replacement of traditionally used heavy fasteners with lighter-weight adhesives "Programs such as Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) in the European Union, US Environmental Protection Agency (EPA), and Federal Aviation Administration (FAA) are expected to increase the research and development and transaction costs that businesses incur when developing and distributing new types of chemical compounds," noted Thomas. "In addition, extensive testing, verification, and approval cycles delay product launches, resulting in significant time and costs for material suppliers." Growth Opportunities in the Global Aerospace Adhesives and Coatings Market, Forecast to 2024 market intelligence identifies disruptive market and technology trends, drivers and restraints, market share and competitive analysis. Percent unit shipment forecast by technology, application, chemistry, and end-industry for Europe, North America, Asia-Pacific and Rest of World are also provided. Growth Opportunities in the Global Aerospace Adhesives and Coatings Market, Forecast to 2024 is the latest addition to Frost & Sullivan's Visionary Science research and analysis available through the Frost & Sullivan Leadership Council, which helps organisations identify a continuous flow of growth opportunities to succeed in an unpredictable future. About Frost & Sullivan For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. https://www.newswire.ca/news-releases/demand-for-new-and-refurbished-aircraft-and-need-for-lightweighting-materials-fuel-aerospace-adhesives-and-coatings-sector-growth-698876461.html

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  September 19, 2023 | International, Land

  GDIT Wins All Initial Task Orders on $4.5 Billion Department of the Air Force Security Support Services IDIQ Contract

  Under the contract GDIT will implement comprehensive security services including information, personnel and communications security as well as counterintelligence analysis and cybersecurity assessments.

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  September 17, 2018 | International, C4ISR

  SOCOM awards $47M for radio software

  By: Kelsey Atherton U.S. Special Operations Command awarded the Sierra Nevada Corporation Aug. 23 a contract worth $47 million to keep supplying and maintaining the software it uses in to ensure radios can communicate with one another across frequencies. Dubbed, TRAX, for “Tactical Radio Application eXtension,” the software “fills a [redacted] role in the Special Operations air-to-ground communication architecture," and it works on Android devices, too. The contract award is available online, and while the text omits several details, what can be seen is clear on why Sierra Nevada Corporation is the only contractor that can meet this need. Convenience is one factor. Sierra Nevada developed the software, so it makes sense to continue, and funding a new or redundant development to work in the same way and with the same interoperability would be added cost for no meaningful, tangible benefit. There is also the matter of specific intellectual property. Sierra Nevada owns the TRAX software. Keeping the TRAX program with the same provider avoids the legal battles and technical issues that could come with trying to replicate it elsewhere. While SOCOM solicited information about an alternative capability, the justification statement argues that whatever that redacted capability is, the decision was made to single track it. In the field, TRAX translates data protocols, allowing for communication across devices that otherwise couldn't speak to each other. While military machines from radios up through planes are designed with the knowledge that they will need to be used together, and often built around shared protocols to match, reality is messier than planning, so a reliable software medium is one way to retain a capability even if the equipment on hand isn't the equipment that was intended. Full article: https://www.c4isrnet.com/c2-comms/2018/09/14/socom-awards-47-million-for-radio-software