Boeing is exploring the possibility of fruitful partnerships with global partners as part of the efforts to strengthen its base in the markets further, they said.
Boeing director (global sales and marketing international government services) Howard M Berry and vice president (global sales for defence, space and Security) Gene Cunnigham hoped such tie-ups would contribute to creating more innovations in the industry and upgrade the quality standards in the industry.
They were addressing a roundtable on the sidelines of the Doha Maritime Defence Exhibition and Conference (Dimdex 2018) at the Qatar National Convention Centre.
The world’s largest aerospace corporation’s senior officials felt revenues from the Middle East and Asia Pacific regions were vital for their company.
Cunningham said almost 30% of Boeing’ business are from the defence segment and the company has manufactured a large variety of defence equipment for some of the major air forces of the world, including many high-level equipment in the use of the US Air Force.
“The armed forces, including Qatar, are looking for unmanned aircraft systems produced by Boeing and there has been a significant interest in possessing such aircraft systems in the region in the place of traditional equipment,” said Berry.
The company supports airlines and allied government customers in no less than 150 countries across the world, inquiries found.
While terming Boeing Company as an amalgam of capabilities, Berry said their annual revenues of $50bn are expected to double in less than a decade owing to the growing requirements in commercial, defence and space sectors. “This is because of the enormous opportunities for doing business in all sectors where the company has stakes,” he added.
While informing the company’s interest for international partnerships, the company officials said they look at the military and security requirements of the customers, and also see if such partnerships would enhance the customers’ requirements. Besides expanding the market access of the partners, such partnerships would also help in generating more ideas and innovations, said the Boeing official.
“We also look at why and how such partnerships would help more future possibilities
of working together,” added Berry.
