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The report "Counter-IED Market by End User, Deployment , Capability and Region—Global Forecast to 2022", the counter-IED market is projected to grow from US$1.78 billion in 2017 to US$2.03 billion by 2022, at a CAGR of 2.64 percent during the forecast period from 2017 to 2022.
Mercury Systems, Inc. announced it received a $10.5 million follow-on order from a leading defense prime contractor for high performance microwave transceivers for precision guided munitions.
Leonardo DRS announced that it has received a contract award from the U.S. Army for up to $16 million, under an urgent operational need, to develop a counter-unmanned aerial system (C-UAS) capability to protect soldiers from enemy drones.
The Strategy Analytics Advanced Defense Systems (ADS) service report, "Commercial Radar Market Outlook 2016-2026," predicts the total number of commercial radar shipments will reach 17,516 units in 2026.
The nanosatellite and microsatellite market is expected to grow from US$1.21 billion in 2017 to US$3.49 billion by 2022, at a compound annual growth rate (CAGR) of 23.7 percent from 2017 to 2022.
The U.S. Navy’s Space and Naval Warfare Systems Command awarded Data Link Solutions (DLS), a joint venture between BAE Systems and Rockwell Collins, a $47.5 million contract to provide MIDS JTRS to U.S. and coalition forces.