Lockheed Martin awarded contract to build F-16 Block 70 aircraft for Bahrain
Lockheed Martin received a $1.2 billion contract from the U.S. government to produce 16 new F-16 Block 70 aircraft for the Royal Bahraini Air Force.
Capital Goods
Robert Harward to lead Lockheed Martin Middle East
Lockheed Martin announced that Robert Harward will expand his role to lead the company’s growing regional business as CEO of Lockheed Martin Middle East.
Gulf Craft appoints Gregory Yeakle as CEO
Ajman-based Gulf Craft, one of the world’s largest luxury ship builders, has appointed Gregory Yeakle to be their new Chief Executive Officer.
DAE Capital names David Houlihan as President
Dubai Aerospace Enterprise (DAE) has announced today the appointment of David Houlihan to the newly created position of President of DAE Capital.
EGA inaugurates Ducab Aluminium Company
Emirates Global Aluminium has officially inaugurated Ducab Aluminium Company (DAC), a manufacturer of aluminium rods and overhead conductors.
Saudi arms manufacturer names Andreas Schwer as CEO
Saudi Arabian Military Industries (SAMI) today announced a new board of directors and the appointment of Dr. Andreas Schwer as Chief Executive Officer.
DP World acquires two sister companies from Dubai World
DP World, the Dubai-based shipping and logistics giant is acquiring Dubai Maritime City and Drydocks World for a total consideration of USD 405 million.
Kurt Amend named CEO of Raytheon Arabia
Raytheon Company (NYSE: RTN) announced that Kurt Amend will serve as Chief Executive of the Raytheon Arabia business unit.
Oman Drydock selects Stephan Aumann as CEO
Stephan Aumann has been appointed by Oman Global Logistic Group’s board of directors as the new CEO of the Oman Drydock Company in Duqm, Oman.