EDGE Group’s $7B deal with Indonesia marks largest int’l foray yet, as CEO pushes expansion
CEO of the Emirati conglomerate Hamad Al Marar told Breaking Defense he wants EDGE to rely on exports to be "self-sufficient."
CEO of the Emirati conglomerate Hamad Al Marar told Breaking Defense he wants EDGE to rely on exports to be "self-sufficient."
A company representative told Breaking Defense that they are poised to form partnerships with Western contractors, but gov-to-gov regulatory agreements must be ironed out.
As Russia showed off fighter jets, as well as drones and helicopters, a senior industry official painted a rosy image of the defense industry amid war.
The "objective" of the future company is to "really increase our presence in the Middle East," Patrice Hajjar, MBDA’s vice president for the Middle East, told reporters.
“It’s not just a single issue," said Lockheed executive Steve Sheehy. “We want to keep our suppliers at a steady rate."
"We're simply taking a customer's existing aircraft and outfitting it for a different purpose ... and then removing a variety of components, like the cockpit," a Sikorsky official told reporters.
As part of the defense deal, Riyadh will purchase nearly 300 tanks from Washington.
General Atomics Aeronautical Systems President David Alexander told Breaking Defense the deal was "still in the works" but could include scores of Gambit drones.
“To be honest with you, my perspective is that for the C-390, there is no way to have two completion centers in the region,” said Bosco da Costa Jr., the CEO of Embraer’s defense business.
The European firm said the H225Ms will replace Rabat's aging Puma helicopters.
The statement from Trump came ahead of a meeting this week with Saudi leader Mohammed bin Salman.
“We already know the F-22 will play a critical role in crewed-uncrewed teaming operations, and General Atomics is in a unique position to get this started now,” company spokesman C. Mark Brinkley told Breaking Defense.
Boeing defense chief Steve Parker also disputed that cost disputes drove a decision by the US Air Force to cancel the E-7 Wedgetail program, which has now led to NATO reversing plans to buy the aircraft as well.