Subscribe Free
in Defence

GlobalData: Lockheed’s F-35s to keep US exports to UAE strong

Posted 28 January 2021 · Add Comment

As the UAE signs a deal to procure defence equipment including 50 F-35s, 18 MQ-9s, and missiles from the US worth up to $23bn; Sai Kiran, defence analyst at GlobalData, offers his view.

“If this deal goes ahead, it could signal a new era for US arms exports to the UAE. The UAE will have potential to enhance its air capabilities and the US will be able to bolster their partner’s military capabilities in the Middle East region to counter Iran.

 

“While Lockheed Martin had only recently withdrawn itself from an MRO space in the UAE, this deal helps cements its pivotal role for the UAE and a long-term supplier for the region. An increasing determination in the region to improving military capabilities and greater interoperability with NATO forces to conduct joint operations will support the growth of Lockheed Martin and other US defence companies in the region over the coming years.

 

“The UAE is one of the closest partners of the US in the Middle East besides Saudi Arabia, with the UAE’s imports from the US being close to 65% of total imports. Developments in relations with Israel and an increased focus on countering Iran would have tipped the scales in its favour for this deal despite severe concerns from members of congress.

 

“According to GlobalData, the UAE is estimated to invest US$8.4bn on the procurement of US based aircraft platforms between 2020 and 2030. Additionally, the UAE is anticipated to spend over US$15.1bn, US$12.2bn and US$2.1bn on the procurement of aircraft, missile and missile defence systems, and UAVs, respectively, from 2020 to 2030.

 

“The UAE has spent a considerable amount on the import of missile defence systems, armoured vehicles, fighter jets, transport aircraft and artillery systems, as a result of the country’s focus on military modernization. The country has also invested in research and development, local manufacturing, and developing industry support to segue into a regional supplier of certain defence equipment and even an MRO centre for military aviation. However, the UAE is anticipated to remain a major global arms importer.”

Other Stories
Advertisement
Latest News

P7 Aviation adds Boeing B747 Full Flight Simulator

The wide-body aircraft simulator will expand P7 Aviation’s training offering from the current Airbus A320 and Boeing 737 Classic training capability and seeks to support Boeing 747 operators throughout the Middle East, Asia and

Etihad Airways introduces ‘Verified to Fly’ travel document initiative

From 12 May 2021, travellers flying from Abu Dhabi with Etihad Airways will be able to validate their Covid-19 travel documents before arriving at the airport.

Emirates to showcase Premium Economy Seats for the first time at ATM

Emirates will be showcasing its Premium Economy seats for the first time at Arabian Travel Market 2021 (ATM).

Gulf Air offers complimentary COVID-19 travel insurance coverage

Gulf Air will offer complimentary COVID-19 travel insurance coverage to all ticket holders which will include health and quarantine expenses in the unexpected circumstances of being diagnosed with or contracting COVID-19 during

Qatar Airways to participate in St. Petersburg International Economic Forum

Qatar Airways will be one of the leading international companies attending the upcoming St. Petersburg International Economic Forum (SPIEF), scheduled to take place in St. Petersburg, Russia, from 2-5 June.

Airbus resumes work on modernisation of its A320 Family

Airbus has resumed work on the modernisation of its A320 Family industrial capabilities in Toulouse.

EDGE SK2601300621
See us at
Aviation MENA 2022World Defence Show 2022Aviation Africa 2021 BTOCF.OPEX21 BT270521DAS21_BT