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.
Frontier Airlines has announced the launch of seasonal nonstop service between Oklahoma City’s Will Rogers World Airport (OKC) and two Florida destinations.
Service between OKC and Orlando International Airport (MCO) begins on 15 January 2010, with four weekly nonstop flights, while service between OKC and Tampa International Airport (TPA) begins on Sunday 17 January, with two weekly nonstop flights.
“We are thrilled to bring the Oklahoma City community its only nonstop service to the sunshine state,” said Daniel Shurz, Frontier’s vice-president of strategy and planning. “Customers jetting to or from our Florida destinations will enjoy Frontier’s great customer service and affordable fares. In addition, customers will travel in comfort on the Embraer 190 aircraft outfitted with several rows of available STRETCH seating in the front of the aircraft, which provides customers an additional five inches of legroom.”
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.