Search DubaiPRNetwork.com

Home >> Travel & Tourism

Raytheon Forms New Subsidiary in the United Arab Emirates

Thursday, December 7, 2017/ Editor -  

Share

Home >> Travel & Tourism

John Brauneis named Chief Executive of Raytheon Emirates

ABU DHABI, United Arab Emirates (Dec. 7, 2017) —  Raytheon Company (NYSE: RTN) 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. 


Previous in Travel & Tourism

Next in Travel & Tourism


Home >> Travel & Tourism Section

Latest Press Release

Dubai Customs organizes 6 training workshops to fight smuggling

Dubai Customs makes 540 drug seizures from January to June

Al-Futtaim Logistics expands warehouse facility in Saudi Arabia

Middle East Corporate Finance Leaders Foresee Substantial Economic Growth and Pl ...

DWTC announces up to 70 per cent reduction on FZ licensing and incorporation fee ...

Young Guns Make Their Mark as Uae Team Emirates Finish Top of the Team Standings

Watermelon Communications joins 3AW global media network

The Balmain Flamea II savours the allure of haute couture

Abu Dhabi International Airport enhances traveler experience this summer season

Guaranty Trust Bank (Tanzania) Limited goes live on ICS BANKS from ICS Financial ...

2XL launches Blomsbury coffee color sofa set

DIB Champions Customer Happiness With 9th Double Your Salary Draw

Bath-time Essentials from Corine de Farme

Medeor 24x7 International Hospital Al Ain Signs MoU with Fatima College of Healt ...

DHA focuses on expanding reach of telemedicine

Yet another strategic step from Turkish Airlines before moving to the Istanbul N ...

Scuderia Ferrari presents the new Aero collection for Spring Summer 2018 season

Jafza F&B Sector Sees Steady Growth in 2017

Philips ranked amongst 25 great places to work for in the UAE

NAMA and UN Women Collaborate to Create New Entrepreneurial Opportunities for 25 ...