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Sun 20 Feb 2011 12:54 PM

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Raytheon in talks to build Abu Dhabi missile facility

World’s biggest missile maker in talks to build maintenance facility in UAE capital, Raytheon vice president says

Raytheon in talks to build Abu Dhabi missile facility
RAYTHEON DEAL: Raytheon signed a contract valued at $42.8m to train Afghan helicopter pilots and is discussing a contract to train Pakistani pilots (Getty Images - for illustrative purposes only)

Raytheon Co, the world’s biggest missile maker, is in talks with Mubadala Development Co, an Abu Dhabi investment company, for building an intermediate-level missile maintenance facility in the emirate, a Raytheon vice president said on Sunday.

The company is pursuing contracts in the Middle East valued at billions of dollars in 2011, Kevin Massencill, vice president and executive for the Middle East and North Africa, said in an interview in Abu Dhabi on Sunday.

Raytheon signed a contract valued at $42.8m to train Afghan helicopter pilots and is discussing a contract to train Pakistani pilots, he said.