AEC signs MOU with Raytheon during Dubai Airshow
NewsNovember 12, 2015
DUBAI, United Arab Emirates. To explore strategic teaming opportunities across a range of mission areas, Raytheon and Advanced Electronics Company (AEC) signed a Memorandum of Understanding (MOU) during the Dubai Airshow.
Officials at both companies hope to expand their collaboration to new defense and civil markets, including integrated sensors, weapon systems, civil aviation, and land warfare systems, to cyber.
“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,” says Dr. Ghassan Al Shibl, CEO and President of AEC.
“AEC is a trusted and longstanding partner and we look forward to increasing our cooperative work for Saudi markets as well as possible regional and global expansion,” says John D. Harris II, Raytheon’s Vice President of Business Development and Chief Executive Officer, Raytheon International, Inc.
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