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.
RUAG Aerospace Services in Oberpfaffenhofen, Germany, reports that at the end of January 2010 it received official approval by the European Aviation Safety Agency (EASA) as production organisation of the Dornier 228NG (New Generation).
With this approval all requirements are met to produce and deliver the first customer aircraft later this year. The new Do 228NG differs from its predecessor by having an up-to-date glass cockpit and a quieter and more efficient 5-blade propeller. In addition, it retains flight characteristics such as short-take-off capability, high payload and long range, as well as its capability to take off from and land on unpaved runways with limited ground support services.
During the Singapore Air Show, a deal was signed with charter operator Norwegian Lufttransport AS for one Do 228NG which will be used for passenger and cargo transport on unpaved airfields in Norway.
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.