How UAE defence giant EDGE Group plans to double its exports
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
AAR Corporation has been selected by Bombardier Aerospace, Belfast to design and manufacture composite flap track fairings for the wings of the new CSeries family of commercial aircraft.
The work will be performed by AAR Composites, which develops and fabricates advanced composite structures for a wide range of aviation and aerospace applications. The contract could be worth more than $90 million over the life of the programme.
“AAR is proud to be included among the prestigious partners and suppliers supporting the development and production of the CSeries aircraft and helping to extend Bombardier’s reach into the single-aisle mainline aircraft market,” said Timothy Romenesko, president and chief operating officer for AAR. “We look forward to providing a highly efficient structural design that contributes to the CSeries aircraft’s operating economics, reduced environmental impact and cost-effective operation.”
Michael Ryan, vice-president and general manager, Bombardier Aerospace, Belfast, commented, “We are delighted that AAR now joins Bombardier’s other US suppliers on the CSeries aircraft programme who are providing high-tech components and systems that are at the centre of US aviation expertise.”
Bombardier Aerospace, Belfast is responsible for the development, design and manufacture of the advanced composites wings for the CSeries aircraft family. It has successfully assembled a preproduction demonstrator wing using its innovative resin transfer infusion process, testing of which is due to get under way shortly.
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.