ALEXAN­DER OSTROVOY

Man­ag­ing part­ner, Aura Group of Com­pa­nies (AGC)

Aviation Business - - DUBAI AIRSHOW 2019 PREVIEW -

How would you de­scribe the cargo sec­tor in the Mid­dle East?

Ac­cord­ing to the re­cent re­searches, all of the freight modes in the UAE are an­tic­i­pated to reg­is­ter pos­i­tive yearon-year growth be­tween 2019 and 2023, sup­ported by higher oil prices that have en­abled in­creased gov­ern­ment spend­ing in the UAE. This will con­trib­ute to im­proved eco­nomic con­fi­dence and en­sure sta­ble in­dus­try growth.

How im­por­tant is the Mid­dle East re­gion to AGC?

AGC is a tech­no­log­i­cal com­pany of­fer­ing high-end UAV so­lu­tions, so we are in­ter­ested in UAV cargo seg­ment in the

How much of Lock­heed Martin’s busi­ness comes from the Mid­dle East? How im­por­tant is it to you glob­ally?

Our part­ner­ship with the Mid­dle East has en­dured for over five decades, and it is one of our most im­por­tant in­ter­na­tional mar­kets. Over 30 per­cent of our over­all busi­ness is in­ter­na­tional, and the Mid­dle East ac­counts for an im­por­tant and grow­ing por­tion of that market.

What tech­nolo­gies do you pre­dict will im­pact the aero­space and de­fence in­dus­try most in the next five years?

The next gen­er­a­tion of ad­vanced ma­te­ri­als, au­ton­o­mous sys­tems, hu­man-ma­chine col­lab­o­ra­tion and cy­ber-hard­ened plat­forms and mis­sion sys­tems all have the po­ten­tial to cre­ate crit­i­cal so­lu­tions that shape our in­dus­try for decades to come.

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