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Dubai, April 12, 2005 (Khaleej Times)
Boeing has launched its Integrated Defence Systems
(IDS) unit in the UAE, which will offer Middle Eastern
customers the best solutions, systems, services and
innovation in aircraft, satellites, launch systems and
services.
This was announced by James F. Albaugh, executive vice-president
of the Boeing company and president and chief executive
officer of Integrated Defence Systems while addressing
a Press conference yesterday.
He said $30.5 billion business unit was created in
July 2002. The unit includes the company's total space,
defence, government, intelligence and communications
capabilities.
"These solutions will enable customers to operate
effectively in a future where new technologies and their
applications will play a pivotal role," he added.
According to him, Boeing integrated Defence System
captured more than $30 billion orders. Out of this,
around 10 per cent was from outside US.
The Middle East is also a significant market with sophisticated
customers focused on national security and there is
lot of potential growth in this sector. The UAE also
needs homeland security, network sensors and airport
sensors, which can be provided by Boeing according to
the requirements.
With relationships in the Middle East spanning more
than 60 years, Boeing is strongly committed to developing
and expanding a wide range of complementary business
opportunities with partners, customers and suppliers.
Regarding investments in the UAE, he said: "In
the UAE, Boeing has made investments in companies such
as Fibrex, a maker of fibre-reinforced concrete structures,
to create job opportunities and help expand the UAE
economy beyond the oil industry."
"Boeing Satellite Systems is also a service provider
to Thuraya offering new services. The company built
the complete turnkey system under a contract signed
in 1997," he said adding that the Thuraya-1 was
manufactured and launched in October 2000.
"The system began commercial operations in mid-2001.
Sea Launch successfully orbited Thuraya-2 on June 10,
2003, which led to Thuraya's procurement of a third
geomobile satellite," he maintained.
The vice-president also revealed that Integrated Defence
Systems is a provider of solutions, joining network-centric
information with integrated military air, land, sea
and space based platforms for defence organisations
around the world.
Currently, about one-quarter of company revenues come
from international sales, a key area for continued growth.
At present, Boeing is organised into four major business
units namely Boeing Capital Corporation, Boeing Commercial
Airplanes, Connexion by BoeingSM, and Boeing Integrated
Defence Systems.
From Morocco to the UAE, Boeing is working in partnership
to strengthen ties and business in the region and prepare
for a future where new technologies and their applications
will play a pivotal role.
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