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Raytheon wins $1.5 bln UAE air force contract

Published: Updated:

The United Arab Emirates on Monday awarded Raytheon Co. a $1.55 bln (5.7 bln dirhams) contract to supply its air force with platform systems to launch missiles, a UAE military spokesman said.

The agreement was signed at the week-long IDEX military exhibition in Abu Dhabi and followed the award on Sunday of a 1.3 bln dirhams contract to Raytheon to supply the UAE with patriot missiles.

The UAE armed forces signed a total of 7.2 bln dirhams in contracts on Monday, including 5.8 bln dirhams with international companies, Brigadier General Mohammed al-Hassani said, speaking through a translator.

The UAE has signed a total of 12 bln dirhams in contracts since the IDEX exhibition started on Sunday, he said.

Lockheed Martin, Germany’s Diehl Defense, and Sweden’s Saab on Monday launched at IDEX the Falcon air defense weapon system, billed as a replacement to the Hawk system used by countries in the Middle East.

Falcon was developed in response to a UAE request for a replacement for the Hawk system and talks are underway to sell it to the Gulf state, Scott Arnold, Lockheed Martin’s vice-president and deputy head of Integrated Air and Missile Defense said.