November 17, 2021
2 mins read

Despite pandemic M-E defence spending stayed consistent: Lockheed Martin

Countries in the Middle East have remained consistent in their defence spending despite the COVID-19 pandemic, as the regional threat landscape continues to evolve in unpredictable ways, said Robert Harward, Chief Executive for Lockheed Martin in the Middle East…writes Lina Ibrahim

“Over the past few decades, our proposition has evolved from supplying defence systems to supporting regional governments with a diverse range of products, services, and technical support,” Harward told the Emirates News Agency (WAM) on the sidelines of the Dubai Airshow 2021, but he did not provide any figures.

“Our industry is being constantly tested to address new, complex challenges that require innovation and concerted efforts.”

Robert Harward,

The company’s net sales in 2020 stood at US$65.4 billion, which is a growth of 9.4 percent compared to the previous year when sales stood at $59.8 billion. Some 25 percent of net sales in 2020 came from international customers, according to the company.

To address the challenges of today’s complex battlespace and counter emerging threats, Lockheed Martin aims to help its regional allies leverage cutting-edge technologies, including artificial intelligence, edge computing and 5G.MILTM connectivity.

“5G.MILTM is one of our priorities, as it enables prompt and decisive action,” said Harward, explaining that this technology offers greater resilience, higher throughput, and the ultra-low latency needed for edge devices to operate in the joint battlespace.

“It also allows us to fully harness the power of artificial intelligence to make battlefield decisions with unrivaled speed,” he added.

At the Dubai Airshow, the company is showcasing its advanced network-based capabilities to counter evolving security threats across all domains – land, air, sea, cyber, and space.

The so-called Multi-Domain Operations or Joint All-Domain Operations (MDO/JADO) can synchronise major systems such as aircraft, ships, ground vehicles, satellites, and missile defence systems to improve situational awareness and accelerate decision-making in the field.

“We are witnessing strong demand for our next-generation systems and services. As an enduring security partner in the Middle East, we are continuing to focus on expanding our relationships with governments in the GCC, not just in defence but in space, cybersecurity, and training too,” Harward said.

He also hailed the UAE’s aerospace and defence industry, saying that his company is “a firm supporter” of it and “proud to have witnessed the entire sector going from strength to strength in the country’s relatively short history.”

ALSO READ: UAE, Israel begin FTA talks

The UAE has been a regular client for Lockheed Martin in the past four decades. The company’s solutions and platforms include next-generation fighter jets, advanced air and missile defense technologies, command and control systems, and simulation and training support.

“We expect to see the UAE’s defense sector continue to grow in the coming years and are looking forward to supporting its growth and development.”

Previous Story

New bill passed to boost security to Bangabandhu family

Next Story

Armed forces sign Dh20bn deals

Latest from -Top News

Goyal Courts Global CEOs in Paris

Piyush Goyal is on an official trip to France with the aim of boosting trade and investments…reports Asian Lite News Commerce and Industry Minister Piyush Goyal met with leading global CEOs in

India Gains Malaysia’s Backing on Terror

The visit of the all-party delegation to Malaysia is part of India’s strategic outreach to garner international support against cross-border terrorism emanating from the soil of Pakistan….reports Asian Lite News An Indian

Hasina Charged with Crimes Against Humanity

The charges, which were made public on Sunday, mark a significant turn in the political landscape of Bangladesh…reports Asian Lite News Former Bangladesh Prime Minister Sheikh Hasina has been formally charged with

180 Years of Indian Roots in Caribbean

The Indian Arrival Day is marked on 30th May, when the first ship ‘Fatel Razack’ carrying 225 Indian indentured workers reached the shores of Trinidad, then a British colony….reports Asian Lite News

Call to Greylist Pakistan Over Terror Links

Freddy Svane, the former Danish Ambassador to India, said that it is high time for the world to acknowledge that Pakistan remains the epicentre of terrorism in the region….reports Asian Lite News
Go toTop

Don't Miss

Global Covid-19 tally tops 166.4mn

The US continues to be the worst-hit country with the

‘One million extra deaths due to Covid-19 in 29 countries’

The US with 458,000 deaths topped the list, followed by