Business

December 8, 2017
 

Raytheon forms new subsidiary in United Arab Emirates

raytheon-UAE
Raytheon marked its 30-year anniversary of partnership with the United Arab Emirates by announcing it has formed Raytheon Emirates, a new, wholly owned subsidiary incorporated and headquartered in Abu Dhabi.

The creation of Raytheon Emirates supports the Abu Dhabi Economic Vision 2030 by forming an aerospace and defense business that fosters cyber-secure digital transformation, contributes to the nation’s economic diversification, and employs a highly skilled, highly productive Emirati workforce.

“The establishment of Raytheon Emirates is a strong step forward in our longstanding alliance with the United Arab Emirates,” said Thomas A. Kennedy, Raytheon Company Chairman and CEO. “Through partnerships with government, industry and academia, Raytheon is committed to helping the UAE achieve its economic goals while providing trusted, innovative solutions that support the nation’s defense and security requirements.”

The new subsidiary will oversee Raytheon’s operations in the Emirates by leveraging capabilities and resources in the fields of cybersecurity, effectors, air defense and sustainment, and advanced technology, and by applying Raytheon expertise, processes and systems to the development of human capital and locally based suppliers.

“We are focused on expanding the capabilities of Raytheon and its business partners in the UAE by emphasizing local hiring and talent development, cultivating a strong supplier base, and developing new technology solutions,” said John Brauneis, who was named chief executive of Raytheon Emirates.

Raytheon Emirates is incorporated on Al Maryah Island, and plans are underway to establish operational branches in other areas of Abu Dhabi.




All of this week's top headlines to your email every Friday.


 
 

 

Headlines – February 15, 2019

News Former Air Force tech sergeant who defected to Iran charged with spying – A former Air Force counterintelligence specialist, a technical sergeant, who defected to Iran about five years after leaving the Air Force, has been charged with revealing classified information as well as research about her former colleagues to representatives of the Tehran...
 
 

News Briefs – February 15, 2019

Pentagon official assures Iraqis of limited U.S. military role The top Pentagon official assured Iraqi leaders Feb. 12 that the U.S. will stick to its limited military role in Iraq, a message aimed at recent talk by some Iraqi politicians of forcing a U.S. troop withdrawal. Pat Shanahan, the acting secretary of defense, said that...
 
 
Courtesy photograph

High Desert Hangar Stories: Tony LeVier and the wall

Courtesy photograph Tony LeVier and ground crew with the XF-90. With all due respect to the rock group Pink Floyd, back in 1950 there were very few “bricks in the wall” known as the sound barrier. Today, a multitude of pilo...