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.
The first Boeing Next-Generation 737 aircraft equipped with Goodrich Corporation Duracarb carbon brakes has been delivered to flydubai, taking the airline’s 737 fleet to seven.
Goodrich will supply wheels and carbon brake equipment for flydubai’s entire fleet of more than 50 Boeing Next-Generation 737-800 aircraft and will retrofit the airline’s other six aircraft.
The wheels and carbon brakes will provide a weight saving of approximately 700 lb (318 kg) per aeroplane compared with high capacity steel brakes, and 550 lb (250 kg) compared with standard capacity steel brakes. In addition to the fuel cost savings from the reduced weight, the Goodrich Duracarb brake also offers airlines significantly higher brake life compared to the steel brakes.
“We believe that we are setting a new standard by being the first airline using Boeing Next-Generation 737 aircraft to receive Goodrich’s carbon brakes,” remarked Ghaith al Ghaith, chief executive officer of flydubai. “The many advantages of using these brakes will enable us to keep our costs low and make savings which we can pass onto our customers. The on time delivery of this new aircraft also marks the arrival of flydubai’s seventh Boeing Next-Generation 737-800 in a span of just 10 months since we started commercial flights. It also ensures we can keep the expansion of the airline on track with the start of services to our 12th and 13th destinations, Muscat, Oman and Kuwait City, Kuwait.”
The two routes mentioned by al Ghath start on Sunday 28 March and Tuesday 30 March respectively.
Photo shows Phil Brugger, account manager–Aircraft Wheels and Brakes, Goodrich Corporation (left) and Ghaith Al Ghaith, flydubai’s CEO, celebrating the arrival of the first 737 equipped with Duracarb carbon brakes from Goodrich.
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.