Articles Tagged with ''defence''

Global C2/C4ISR market - A $1,030.6B opportunity in 10 years, reveals new report

According to a report by Market Research Reports Inc., Global C2/C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance) market is expected to grow at a CAGR (compounded annual growth rate) of 0.32% in the next 10 years. This will lead to increase in overall C2/C4ISR market from US$91.5 billion in 2013 to US$94.4 billion by 2023.


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Thales to deliver Squire radars to Norway

Thales and Vinghøg AS signed a contract for the delivery of 44 Squire battlefield surveillance radars, to be deployed by the Norwegian Armed Forces. The first 10 systems will be delivered in the second half of 2013. The last delivery is scheduled for beginning of 2017.


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HUBER+SUHNER acquiring Astrolab Inc.

As of 28 December, HUBER+SUHNER acquired the assets of Astrolab Inc. based in Warren, New Jersey at a non-disclosed price. The deal will be financed from own resources. With its patented minibend® and microbend® cable assemblies, Astrolab is mainly active in high tech niche markets like space & defence and offers high end radio frequency solutions for industrial markets. This year Astrolab recorded net sales of around USD $20 million and a profit margin well above industry average.


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