Report & Analysis

New Procurement Surge over 2011-2015 Highlights Ongoing Big-ticket Purchases in Saudi Arabia and the United Arab Emirates

Frost & Sullivan Report Due to the increased recognition of adva

Date: Issue 30 - October 2011

New analysis from Frost & Sullivan , The Middle East Military Air Market - Revenue Opportunities and Stakeholder Mapping, finds that the Middle East military air market would earn revenues of $1280 million in 2010 and estimates this to reach $3906 million by 2020. The solid rise could be attributed to growing recognition of air assets as a force multiplier across all regional defence communities. The following countries are covered in the research:  Saudi Arabia, UAE, Oman, Qatar, Kuwait and Bahrain.

"The Gulf Cooperation Council (GCC) countries are moving towards an integrated air defence network to include air platforms, air defence batteries and air surveillance systems under the 'Peninsular Shield' initiative; but the progress has been slow," notes Frost & Sullivan Aerospace Analyst. "The use of networked force by the US and European forces in the Gulf War and the latest Iraq and Afghanistan wars have been a startling revelation for Middle Eastern MODs who are now keen on acquiring these capabilities."