Saturday, October 24, 2009

DTN News: Boeing Tips UAE As Its Major International Client

DTN News: Boeing Tips UAE As Its Major International Client *Source: DTN News / Int'l Media (NSI News Source Info) ABU DHABI, UAE- October 25, 2009: Boeing hopes to finalise defence contracts with the UAE and bid on new campaigns next month, as the Emirates becomes a central element in its plan to boost international sales.Boeing also sees potential for additional sales of its Apaches attack helicopters and Chinook transport helicopters to the Emirates. The US aerospace and defence giant is in talks with the Armed Forces and Mubadala Development Company, Abu Dhabi’s strategic investment company, on a broad set of initiatives and sales campaigns. These include military transport aircraft, air battle management systems, and joint ventures ranging from aircraft maintenance, research and development and training. “We think the UAE will be in our top five partners in the world going forward in not only sales but also partnerships,” said Jeff Johnson, the vice president of business development for Middle East and Africa at Boeing’s Integrated Defense Services (IDS) unit. “The Emirates is one of those countries that is moving quickly, and we are trying to move quickly with them.” The UAE is rapidly retooling its armed forces with cutting edge technology, while also developing a home-grown aerospace and defence services industry to wean itself of future dependence on oil revenues. In February, the Government announced its intent to purchase four jumbo C-17 airlifters from Boeing at the International Defence Exhibition and Conference in Abu Dhabi, in a Dh4.7 billion (US$1.3bn) deal. The UAE has been in contract negotiations with Boeing ever since. Crucially, the deal would provide a boost to the C-17 programme, a heavy transport aircraft first built in the 1980s and now in danger of closing, since Boeing will complete the last of its confirmed US Air Force orders in mid-2011 unless Congress decides to support the programme further.

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