The markets of mutual interest include the Gulf Cooperation Council (GCC) Region, India, and China. DAE officials and Lockheed Martin representatives signed the Memorandum of Understanding (MOU) agreements today during an international air show in Dubai.
The agreements will enable Lockheed Martin staff based in Rockville, Maryland to explore aviation-related opportunities with personnel at the two DAE businesses in the United Arab Emirates.
Through one agreement, the parties will work toward incorporating Lockheed Martin best business practices into the university's Centre for Management Education curriculum to augment DAE University's executive-level education in the GCC. Particular emphasis will be placed on program management procedures and aerospace systems engineering development.
"Vital operations and management components of DAE University's instructional mix, which are so relevant to emerging global airline needs, will be reinforced through the cooperative relationship," said Dr. George H. Ebbs, DAE University President and Chief Executive Officer.
The other agreement establishes a collaborative working relationship with DAE Services, an emerging solutions provider in the aviation industry supplying technology based products and services for airlines and airports. Commercial opportunities will be explored for airline and airport systems, services and products based on Lockheed Martin's proven air traffic management and aviation operations experience.
"Our agreements with Lockheed Martin will allow us to collaborate and maximise future aviation and aeronautic opportunities throughout the international market place," noted Dr. Kamilia Sofia, acting Chief Executive Officer for DAE Services.
"The GCC and Asia-Pacific regions play a significant role in our strategic vision. We are excited to be part of the enormous growth taking place in the UAE, India and China," added Jay Dragone, Vice President of Business Development for Lockheed Martin Transportation and Security Solutions.
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Two DAE businesses and Lockheed Martin agree to explore aviation opportunities in emerging markets
- United Arab Emirates: Wednesday, November 14 - 2007 at 16:51
- PRESS RELEASE
Two of six Dubai Aerospace Enterprise business divisions - DAE University and DAE Services - have agreed to work with Lockheed Martin to explore aviation education advancements and the potential integration of proven business practices and technologies into new markets of mutual interest.
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About DAE UniversityBased in Dubai, DAE University is the education and training arm of Dubai Aerospace Enterprise offering world-class aviation education programmes. DAE University which opened its doors in October 2006 is the first of its kind in the Middle East region to offer comprehensive undergraduate and graduate programmes in aerospace-focused business and engineering. Plans also include a doctorate programme in the near future.
DAE University also offers students an innovative approach to flight training. The programme combines superior aeronautical academics with advanced aircraft and flight simulation in a proficiency-based flight training environment at its DAE Flight Academy facility in Ras Al Khaimah.
For press information on DAE University, please contact Andrea Jaishankar at 00971 50 5526329.
About DAE and DAE Services
DAE is a fast-developing global aerospace, manufacturing and services' corporation comprised of six divisions: DAE Airports, DAE Capital, DAE Engineering, DAE Manufacturing, DAE Services and DAE University.
DAE Services is an emerging solutions provider in the aviation industry providing technology-based products and services for airlines and airports. Headquartered in Dubai, United Arab Emirates, the group is experiencing a series of phased developments and acquisitions to become a global player and to produce an integrated aerospace cluster, based at Dubai World Central, the new 140-square-kilometre airport and logistics city being constructed in Jebel Ali, Dubai. DAE is forming international partnerships at the highest level of industry with the aim of establishing one of the most innovative and successful businesses in the global aerospace industry within the next decade.
DAE's shareholders include EMAAR, ISTITHMAR, Dubai Airport Free Zone Authority (DAFZA), Dubai International Capital, DIFC Investments LLC, the Government of Dubai and AMLAK Finance.
DAE Press Office:
David Wilson, Steve Double or Neville Rawlings
Bell Pottinger Public Relations
Ph: +44 207 861 3998 or +44 7917 067580
DAE Corporate Communications
Dana Salloum
Ph: +971 506519672
About Lockheed Martin
Lockheed Martin's Aviation Solutions business offers industry leading products and services to customers globally. For more than 50 years, the business has supported the aviation industry and more than 60 percent of the world's air traffic is supported by Lockheed Martin air traffic control systems. The company provides leading-edge security, air traffic control, radar, and light detection and ranging (LIDAR) vortex detection equipment and services to airports worldwide.
For press information, contact Janet Gottfredsen at + 301 640 4236
Posted by Medilyn Manibo, Assistant News EditorWednesday, November 14 - 2007 at 16:51 UAE local time (GMT+4)
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