The US plane maker's defence arm projects sales in the Middle East to grow over the coming decade. Reuters
The US plane maker's defence arm projects sales in the Middle East to grow over the coming decade. Reuters
The US plane maker's defence arm projects sales in the Middle East to grow over the coming decade. Reuters
The US plane maker's defence arm projects sales in the Middle East to grow over the coming decade. Reuters

Boeing expects Middle East defence industry sales to reach $96bn in next decade


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The Middle East defence and security services industry is expected to grow to become a $96 billion (Dh354bn) market by 2029, according to US plane maker Boeing, which forecasts continued year-on-year growth in its regional defence business amid ongoing political tensions.

“We are seeing increased demand from the Middle East and expect this to keep growing in the years ahead, as we expand our capabilities with new platforms to serve our customers here,” Mark Ballew, director of sales and marketing for Boeing’s International Government Services division, told reporters at the International Defence Exhibition and Conference (Idex) show in Abu Dhabi on Monday. No comparative figures were provided by Boeing.

The Middle East’s homeland and commercial security market is worth around $12.2bn and forecast to touch $25bn by 2022, according to a 2018 report by Frost & Sullivan.

Boeing’s security division, Boeing Defence, Space and Security, is tapping into the expanding industry and says it is witnessing particular demand for its portfolio of aircraft, technology products and other services, which include the KC-46A Pegasus aerial refuelling tanker and the Integrator and ScanEagle3 unmanned aerial system by information communications firm Insitu, Mr Ballew said.

Meanwhile, the US-listed company plans to roll out its fighter pilot training globally after winning a contract worth up to $9.2bn from the US Air Force to deliver an advanced pilot training programme on the T-X training aircraft developed by Boeing Defence and Swedish defence firm Saab Group. This will replace current training programmes with the T-38 Talon jet.

The programme will also include simulators and ground-based teaching to train up future fighter and bomber pilots, according to Boeing.

“We expect the T-X to be a franchise programme for our defence and services businesses for much of this century,” Mr Ballew said.

“We see an opportunity to provide companion, aggressor and light fighter aircraft for military services around the world and we’re looking forward to working with the US Air Force to collaborate on sales opportunities here in the Middle East.”

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Sheikh Hazza tours Idex

HAJJAN
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WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

Results

United States beat UAE by three wickets

United States beat Scotland by 35 runs

UAE v Scotland – no result

United States beat UAE by 98 runs

Scotland beat United States by four wickets

Fixtures

Sunday, 10am, ICC Academy, Dubai - UAE v Scotland

Admission is free

Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

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The specs: 2018 Maserati GranTurismo/GranCabrio

Price, base Dh485,000 (GranTurismo) and Dh575,000 (GranCabrio)

Engine 4.7L V8

Transmission Six-speed automatic

Power 460hp @ 7,000rpm

Torque 520Nm @ 4,750rpm

Fuel economy, combined 14.3L (GranTurismo) and 14.5L (GranCabrio) / 100km

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Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road

The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.

Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.

The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.

The highest levels of traffic were found on Sunday, November 10.

Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019

 

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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

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1987

1954

1921

1888

UAE currency: the story behind the money in your pockets

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Castle in the Sky (1986)

Grave of the Fireflies (1988)

Only Yesterday (1991)

Pom Poki (1994)

The Tale of Princess Kaguya (2013)