Aerospace Group:

Unmanned Systems

Report: Global UAV Market Could Reach $14 Billion Within A Decade

Monday, August 17th, 2015

SHARE:

Report: Global UAV Market Could Reach $14 Billion Within A Decade

The global market for unmanned aerial vehicles (UAV) will continue its meteoric expansion from $4 billion annual expenditures to $14 billion by 2025, according to the Aerospace Analyst Teal Group’s 2015 UAV market profile.UAVs are expected to generate $93 billion over the next 10 years, while military research and development of unmanned aircraft will likely add another $30 billion, the report said.The global market for unmanned, or remotely-piloted aircraft, already has exploded since the technology first became relatively widespread in…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]