Boeing Affirms its Commitment to UAE’s Defense Strategy at IDEX 2023

23.02.2023 Asia
Boeing Affirms its Commitment to UAE’s Defense Strategy at IDEX 2023

Boeing Affirms its Commitment to UAE’s Defense Strategy at IDEX 2023

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Boeing affirmed its commitment towards its longstanding partnership with the UAE and support for the country’s defense strategy during a Defense and Services media briefing, which took place on the sidelines of IDEX 2023.

During the event, Vince Logsdon, Vice President International Business Development, Boeing Defense, Space & Security and Global Services, Rick Lemaster, Regional Sales and Marketing Leader in the Middle East, Dave Fluker, International Business Development Leader, Insitu, and Mark Ballew, Business Development Leader, International Government Services, took center stage to showcase Boeing’s advanced technologies and capabilities and how they have been utilized in enhancing the UAE’s safety and carrying out international humanitarian missions.

Speaking at the media briefing, Vince Logsdon, Boeing International Business Development Vice-president, said: “The UAE is an important market for Boeing, and we have had a long history of partnership and collaboration for the past 45 years, working closely with the UAE government and armed forces to achieve the country’s objectives and ambitions. We consistently strive to build on our offerings and present a full-spectrum of capabilities including training, supply chain management, aircraft modernization, platform sustainment, and data optimization, so our customers have the support and expertise of the world’s largest global aerospace company.”

The Defense and Space Market Outlook 2022–2031 predicts that the global defense, space, and security market will be worth $2.8 trillion in the next decade. This projection is based on the ongoing demand driven by geopolitical and security challenges and the continued importance of military aircraft, autonomous systems, satellites, spacecraft, and other defense products and services. As of the fourth quarter of 2022, Boeing Defense, Space & Security’s backlog was $54 billion, of which 28% represents orders from customers outside the U.S.

In the UAE, Boeing works with the country’s armed forces to facilitate the most advanced Boeing products and services, which include the AH-64 Apache, CH-47 Chinook and C-17 Globemaster III. Boeing also has a long history of working closely with industry partners to contribute to the country’s industrialization success including a partnership with Tawazun Economic Council. Since its initiation, the collaboration has enabled key industrial initiatives and has expanded the UAE's aerospace base.

Boeing continues to support the efforts of the UAE in economic diversification, and adoption of advanced technology as it accelerates its digital transformation journey. With the aviation industry also setting goals for carbon-neutral growth from 2020 onward, Boeing shares a common vision with the UAE on sustainability and will work in tandem with the country in reaching its sustainable development goals and targets of net zero by 2050.

Designing and building more advanced products with greater fuel efficiency and lower carbon emissions is a key tenet of Boeing’s business. Since 2003, the company has invested $60 billion in new technologies to improve efficiency. This investment helps meet aviation’s environmental goals and the UAE’s needs.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity.

 

 



 
 

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