Boeing has forecast that the defence and security industry in the Middle East will be worth $ 96bn by 2020 and predicted constant growth for its own sales in the region . Business consultancy Frost & Sullivan had already predicted a growth from the current $ 20 market value to $ 25bn by 2020 . Boeing ’s Defence , Space and Security division reported a demand for its aircraft , technology and other products including a refuelling tanker and a drone system . “We expect the T-X to be a franchise programme for our defence and services businesses for much of this century,” Mr Ballew said. Meanwhile the firm has won a $ 5000 contract with the US air force to train pilots on the T - X training aircraft it jointly developed with Saab .
Boeing has forecast that the defence and security industry in the Middle East will be worth $ 96bn by 2020 and predicted constant growth for its own sales in the region . Business consultancy Frost & Sullivan had already predicted a growth from the current $ 20 market value to $ 25bn by 2020 . Boeing ’s Defence , Space and Security 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 $ 5000 contract with the US air force to train pilots on the T - X training aircraft it jointly developed with Saab .