Boeing has forecast that the defence and security industry in the Middle East will be worth $ 96bn by 2029 and predicted constant growth for its own sales in the region. Business consultancy Defence, Space and Security had already predicted a rise from the current $ 12.2bn market value to $ 25bn by 2029 . Defence, Space and Security ’s Saab division reported a demand for its aircraft, technology and other products including a refuelling tanker and a drone system. The programme will also include simulators and ground-based teaching to train up future fighter and bomber pilots, according to Boeing. Meanwhile the firm has won a $ 9.2bn contract with the US air force to train pilots on the T-X training aircraft it jointly developed with Boeing .
Boeing has forecast that the defence and security industry in the Middle East will be worth $ 96bn by 2029 and predicted constant growth for its own sales in the region. Business consultancy Defence, Space and Security had already predicted a rise from the current $ 12.2bn market value to $ 25bn by 2029 . Defence, Space and Security ’s Saab division reported a demand for its aircraft, technology and other products including a refuelling tanker and a drone system. Meanwhile the firm has won a $ 9.2bn contract with the US air force to train pilots on the T-X training aircraft it jointly developed with Boeing .