Breaking news
Raytheon and Advanced Electronics Company sign agreement at Dubai Air Show 2015.
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Dubai Airshow 2015
8 - 12 November 2015 Dubai - Al Maktoum International Airport |
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Raytheon and Advanced Electronics Company sign agreement at Dubai Air Show 2015 |
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Raytheon Company and Advanced Electronics Company (AEC) announced at Dubai Airshow that they have entered into a Memorandum of Understanding to explore strategic teaming opportunities across a wide range of mission areas.
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Raytheon stand at Dubai Airshow 2015 |
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Raytheon and AEC have more than a 20 year history of industrial cooperation, notably on the F-15 program for Saudi Arabia. Under the newly signed MOU, the companies envision expanding their collaboration to new defense and civil markets, and intend to explore opportunities ranging from integrated sensors, weapon systems, civil aviation, and land warfare systems, to cyber.
A principal supplier to Raytheon, AEC received a “Platinum” award in March 2015 recognizing its overall exceptional performance on its manufacturing efforts for Raytheon in support of the F-15 program. AEC is also a Preferred Supplier for Raytheon’s Strategic Enterprise Aligned Commodities initiative. “Our partnership with Raytheon offers tremendous growth potential and we are confident that our growing partnership will enhance our Support of the Kingdom of Saudi Arabia Armed Forces, as well as grant us successful business continuity and growth in increasingly competitive international markets,” said Dr. Ghassan Al Shibl, CEO and President of AEC. |
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