Saudi and UAE driving GCC defence
The two military heavyweights of the Gulf Cooperation Council (GCC), Saudi Arabia and the UAE, are driving defence procurement in the region with recent increases due in part to operations against Houthi forces in Yemen.
With an estimated spend of $87.2 billion, Saudi Arabia had the highest military expenditure in the GCC in 2015. In fact, having doubled its spending since 2006, the country rose to third in the rankings of the biggest spenders globally, according to the SIPRI Arms Transfers Database 2015. Though it did have the third largest defence budget for last year – $81.9 billion – recorded
Already have an account? Log in
Want to keep reading this article?
More from Middle East Market - Special Report
-
Rockwell Collins partners with Taqnia
Rockwell Collins and Taqnia Aeronautics will collaborate on military rotary and fixed wing avionics opportunities in the Kingdom of Saudi Arabia under an agreement announced …
-
Panther prowls in the Middle East
With a long history in the Middle East, Airbus Helicopters could see the newest variant of the Panther being utilised by current operators of the …
-
Russia moves rotary from Syrian airbase
The key T4 airbase in Syria, a perceived next target for Daesh in its operations in Syria, could be emptied of Russian aircraft and moved …
-
Israeli company enters DIRCM arena
Israeli company Bird Aerosystems is close to inking a deal with its first customer for a newly-developed self-protection kit that shields an aircraft from heat-seeking …
-
Solutions to stand the heat
Two companies that provide on board solutions for civil and military helicopters are confident that, with recent acquisitions combined with new products, the Middle East …
-
UAE presence expands in Africa
The United Arab Emirates has signed an agreement to establish a second foreign military base in the Horn of Africa. The new base, according to …