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.
Aerospace maintenance, engineering and technical services company Indaer has unveiled its new sales and marketing organisation.
Jovani Idrobo is appointed director, commercial services. Based in Medellin, Colombia, Idrobo will be responsible for all of Indaer’s marketing programmes, and for customer relationships in Latin America.
Kurt Arner becomes director, international sales. He will be based in Switzerland, from where he will be responsible for customer relationships in Europe, the Middle East and Africa.
Calvin Tuitt joins the company as director, North American sales, based in Montreal, Canada. He will support Indaer’s marketing activities in Canada, the US, Mexico and the Caribbean.
Nicolas Ariza has been appointed to run Indaer’s programme management office, with responsibility for capacity and resource management, commercial contracts and management information systems. He will be based in Medellin.
“I’m very proud of the people on our marketing team,” remarked Derek Nice, Indaer’s CEO. “They each bring strong industry knowledge, a tremendous track record and an uncompromising commitment to customer service.”
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.