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.
From 25 April 2010 Blue1 is to add a new second daily flight between Helsinki and London Heathrow.
Flights will depart Helsinki daily at 12:05 and 20:05, with the departure times from Heathrow being 08:05 and 15:15. Blue1 says the schedule will be further improved in October.
In addition to Blue1’s nonstop flights between the two, there are 12 daily connections with SAS via Scandinavia.
London Heathrow is one of the Star Alliance’s main hubs. Blue1’s new nonstop frequency offers a wide range of new connectivity options through the UK’s biggest hub to other Star Alliance carriers worldwide.
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.