SINGAPORE] Boeing Co, the second-biggest defence contractor in the US,
4th Jun 2014
SINGAPORE] Boeing Co, the second-biggest defence contractor in the US, and Saab expect demand for maritime and aerial surveillance systems to grow in Asia as territorial disputes intensify.
Demand for maritime patrol craft and affiliated equipment in the Asia-Pacific region is expected to grow steadily for the foreseeable future, Chris Chadwick, head of Boeing's defence business, said on Friday in Singapore.
Boeing and Stockholm, Sweden-based Saab both manufacture aircraft used for maritime patrol and surveillance. "Every country has the responsibility to look after their borders and territories," Anders Dahl, head of Singapore operations for Saab, said. "If you look at the geography of the region, that is very complicated."
US Defense Secretary Chuck Hagel is in Singapore last weekend as the sinking of a Vietnamese fishing boat after a collision with a Chinese vessel increases tension in Asia. China has been pressing territorial claims against Japan and the Philippines, two US allies, and Vietnam, a former American foe that now welcomes US military visits.