BAE Systems in talks with Mubadala and several other companies in the UAE

BAE-Systems-Mubadala-LogoAs per the media reports, in order to explore the possibilities of partnerships in defense-related industries, BAE Systems, a leading global defense, security and aerospace company has entered talks with Mubadala and several other companies in the UAE.

The information was given at a joint table in UAE on Sunday, by the officials of BAE Systems Simon Keith, Managing Director for Middle East, Africa and Asia Pacific; Dennis P Morris, President, Global Tactical Systems; and Martin Bennett, Regional Vice President, Middle East.

They specified that it is the land and armament sectors on which the talks mainly focused. They explained that it was too early to give any details as nothing has reached near final stages.

Keith said, "We are ready to transfer the technology along with systems and equipment. We are also keen to support the development of the capabilities of the Emirati youth in these areas."