DIMDEX 2016: Middle East a smarter market
Customers in the Middle East region are becoming smarter in how they interact with OEMs and plan their procurement strategies, as both sides adapt to financial stresses brought on by fluctuating hydrocarbon prices.
Companies now have to accommodate customers with more experience in the defence market and who were looking to select a range of open architecture solutions and systems from different manufacturers, according to Simon Carroll, Head of Country Unit Middle East at Saab AB.
‘The [regional] navies have gotten better [in dealing with defence OEMs]. They are better in the business, know more and have more experience. I’m
Already have an account? Log in
Want to keep reading this article?
More from Naval Warfare
-
Ireland orders Thales towed array sonar
Ireland has a large Exclusive Economic Zone (EEZ) which extends 370km (200nm) offshore and contains 75% of the transatlantic subsea cables which carry $10 trillion in financial transactions daily. The country is investing to increase protection and surveillance of these waters.
-
South Korea advances next-gen naval concepts for future force needs
HHI and Hanwha Ocean outline highly autonomous and unmanned-enabled designs as the ROKN explores force structure for the 2030s and beyond.
-
US Navy seeks industry partners to address pressing research needs
The Office of Naval Research will host an Industry Engagement Day in August aiming at building new partnerships and advancing its science and technology initiatives in multiple areas.
-
Raytheon awarded $1.2 billion in contracts for AN/SPY-6(V) radars for the US Navy
Under the most recent contract, the US Navy will receive four additional AN/SPY-6(V) radars, increasing the number of radars under contract to 42. The radars are considered key for expanding the navy’s capability for air defence.