As the second edition of the Egypt Defence Expo (EDEX 2021) opens, defence and military industries are eyeing a bigger slice of the military procurement pie from the MENA region and hoping to strengthen their relationships with existing customers.
The Middle East and North Africa (MENA) region has on average increased its military spending during the past decade, slightly increasing its global share from about 7 per cent in 2010 to touch over 9 per cent in 2020. Egypt alone manages one of the largest militaries in the world in addition to a growing local defence industry. With 920,000 military personnel, Egypt’s military budget currently stands at US$4.4 billion per year.
The combined military spending of the 11 Middle Eastern countries for which data is available was US$143 billion in 2020. Of these countries such as Egypt hiked their defence budget by 7.3 per cent, while Israel and Jordan increased theirs by 2.7 per cent and 2.5 per cent respectively.
According to military observers while many MENA countries still spend massive amounts of money on modernizing and expanding their military forces and their major weapons, they will also greatly expand their focus on counter-extremism, counterterrorism, and internal security. As a result, their dependence on the U.S., Russia, France, China, and other outside forces will steadily increase and continue to do so indefinitely into the future. Several MENA states already have or seek to acquire – fighter aircraft, advanced ballistic and UCAV or cruise missiles. Others seek to acquire a wide range of precision guided weapons, integrated mixes of land-based air and missile defences, and a wide-range of other developments in military technology and tactics. So EDEX2021, one of the largest defence expos in the Middle East region will be, as Commander-in-Chief of the Armed Forces Zaki said, “an influential international pivot to showcase the latest in military, defence and technological industries in the world.”
The renewed threat of shoulder launched missiles in the world are resulting in contracts for protection systems. Inteligence sources say…
The use of the combat-proven Rafael Spyder air defence system in the ongoing war in Israel has created interest in…
The delivery of Elbit Systems PULS artillery systems and the company's Hermes -900 UAV to Serbia is expected to begin…
Indonesian private defence firm PT Sentra Surya Ekajaya (PT SSE) has introduced a new version of its P2 Tiger 4×4…
Schiebel has been awarded a new multi-year contract by the European Maritime Safety Agency (EMSA) to provide services using the…
BlackSky Technology Inc. has shipped its first Gen-3 satellite to launch provider Rocket Lab. The satellite is scheduled to be…
SITA and Cathay Pacific have entered a new agreement aimed at significantly boosting network bandwidth at Cathay Pacific’s airports. The…
Lockheed Martin has been awarded a $270 million contract by the U.S. Air Force to integrate next-generation infrared defensive sensors…
Malaysia Airlines, in collaboration with Mercedes-Benz Malaysia (MBM), has launched a Private Terminal Transfer Service aimed at providing seamless and…
Fly Jaya, a new entrant in Indonesia’s aviation industry operated by PT Surya Mataram Nusantara, is set to launch domestic…
The first Austrian Airlines Boeing 777-200ER equipped with AeroSHARK surface technology has successfully completed its maiden flight. The long-haul aircraft…
Vietnam and South Korea are reportedly finalising an agreement for the acquisition of 20 K-9 Thunder self-propelled howitzers (SPH) for…
The Royal Thai Air Force (RTAF) is anticipating the final delivery of three AT-6TH Wolverine light attack aircraft by April…
Ukraine's largest airline, SkyUp Airlines, has successfully transitioned to IBS Software's iFly Res Passenger Services System (PSS) to support the…
Experia Events has announced the confirmed exhibitors for the inaugural Business Aviation Asia Forum and Expo (BAAFEx), which will take…
Aonic, a Malaysian drone service provider and manufacturer, has been awarded the Unmanned Aerial Work Certificate (UAWC) by the Civil…
Eve Air Mobility (Eve) has partnered with JetSetGo, a private aircraft charter and fractional ownership company based in New Delhi,…
L3Harris Technologies has received a contract from BAE Systems Maritime Australia for the Integrated Platform Management System (IPMS) on the…
In a response to numerous instances of Global Positioning System (GPS) denial in the war that broke out on Oct.…
Airbus Defence and Space, in collaboration with HENSOLDT, is upgrading the German Airborne Weapon Systems Electronic Warfare Centre with the…
Qantas Airways Limited has officially become a member of the Association of Asia Pacific Airlines (AAPA), as announced by the…
Indra Group’s Board of Directors has appointed Ángel Escribano Ruiz as its new Executive Chairman. This decision was made during…
The first Airbus A400M aircraft for the Indonesian Air Force (TNI-AU) has entered the Final Assembly Line in Seville, Spain.…
Italian airline ITA Airways is now a member of the Lufthansa Group and will be the Group's fifth network airline.…
Revenue Passenger Kilometres (RPKs) are predicted to increase by 25.6% between 2025 and 2030,according to data recently revealed by IBA,…
Indonesian state-owned airport operator PT Angkasa Pura Indonesia, operating under the brand InJourney Airports, reported a notable rise in passenger…
The Department of National Defense (DND) of the Philippines has confirmed plans to acquire 12 additional FA-50 Block 20 Fighting…
Airbus Helicopters has delivered two H225M helicopters to the French Armament General Directorate (DGA), marking the first of eight helicopters…
Curtiss-Wright has unveiled the PacStar 452 server, designed to enhance data storage capabilities in tactical edge applications. This new server…
CAE has inaugurated its first Air Traffic Services (ATS) Training Centre, on its campus in Montreal, Canada. As the largest…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2025 GBP all rights reserved.