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Badr Al Olama, director of aerospace and defence at Mubadala, said: "This represents a historic moment for the global aerospace and defense industries in setting up an aligned aerospace and defense strategy between the UAE and Saudi Arabia."
Henry Brooks, president customer and account management for Collins Aerospace, said: "Kamel's extensive experience of conducting business across the aerospace and defence industry in the Middle East and Africa will be key asset to develop our company and provide accretive growth."
"This conference has been a wonderful forum for relevant IIGP start-ups to interact with Aerospace and Defence Tier 1 suppliers to create market access opportunities", said Vivek Lall, Vice President of Strategy and Business Development, Lockheed Martin Aeronautics, adding, "Strengthening public-private partnerships in India is a key priority for us."
She said: "The aerospace and defence industry is uniquely positioned to help strengthen national defence and economic security through the shared development of technologies."
The event is a forum for organisations involved in the high-tech, innovative aerospace and defence industry to meet and explore opportunities in areas such as purchasing, research and development (R& D), engineering and innovation, as well as encouraging organisations to explore ways to work collaboratively.
Jim Coyle, aerospace cluster manager at Advantage West Midlands, explained: "Our aerospace and defence sectors include more than 480 companies dedicated to supporting these industries, employing 20,000 people and generating an annual turnover of pounds 3 billion.
The exchange, which is expected to launch by mid year as part of Commerce One's business-to-business trading community Global Trading Web, will be open to aerospace and defence companies, airlines, their suppliers and service providers.
17 (ANI-BusinessWireIndia): The Society of Indian Defence Manufacturers (SIDM) and the Groupement des Industries FranEaA*aises Aeronautiques et Spatiales (GIFAS) signed a memorandum of understanding on the sidelines of a major industrial mission in India in the field of aerospace and defence organised by GIFAS with the support of SIDM from the April 16 to 19, 2018.
Currently, Thomson Aerospace and Defence has annual revenues of USD 40m with 180 employees.
According to the 2015 Global aerospace and defence industry outlook, the industry is likely to grow around three per cent.
"As one of the largest private sector defence companies, we look forward to supporting the modernization effort of our armed forces and achieving economies of scale in the aerospace and defence sector," added Shukla.
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