06 March 2016
Today Raytheon Company and Al Marakeb announced their intent to establish a joint venture to provide Unmanned Surface Vehicles (USVs) for use in marine defense and international security. USVs have become an important countermeasure as the uncertainty about origins of threats, potential attack sites, and means by which they might be transported have increased. Al Marakeb and Raytheon will develop a set of USV products that include a variety of H-series boats, surveillance buoys and target/commercials boats.

"Raytheon has been working in the UAE for nearly 35 years. This agreement underscores our ongoing commitment to support and expand the Emirati industrial, educational and technology base," said Chris Davis, President, UAE Raytheon International Incorporated. "We are confident that this partnership will close a number of technical gaps that are critical to the future of USV sub-systems and systems."

 "This project came to creation several years ago, and the USV has been in continuous development since 2009. It made its first debut as a UAE manufactured, operational model at the International Defense Exhibition [IDEX] in 2015. This year, Al Marakeb is pleased to have partnered with an established body in the field of defense technologies and international security, and we look forward to embedding their global expertise in meeting further technical capabilities and expanding our operations in the region and further afield." said Basel Shuhaiber, CEO Al Marakeb boats manufacturing.

USVs may be used in place of manned vehicles, or other unmanned vehicles, in a variety of potential defense applications as well as civil applications such as vessel monitoring and law enforcement. They can be remotely launched from forward deployed positions; have a greater payload capacity and endurance then comparably sized unmanned systems in other domains; reduce costs of patrol hours; and can operate with navy ships such as corvettes, frigates, and destroyers as an additional target detection platform.

About Raytheon
Raytheon Company, with 2015 sales of $23 billion and 61,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 94 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Visit us at www.raytheon.com and follow us on Twitter @Raytheon.

About Al Marakeb
Established in 2007, Al Marakeb is the reputable and fast-growing UAE-based manufacturer of high-performance recreational boats. Providing exceptional products and services for both seasoned boat-owners and first-time buyers alike, Al Marakeb has made its mark on the industry with the introduction of a range of standard models that offer flexible personalisation options that befit different users- individual and commercial buyers- on a local, regional and global scale. Al Marakeb has built a reputation based on safety, affordability, and consistency by using only premium products in the design and development of its powerboats. Taking customer requirements into consideration and utilizing the expertise of its in-house design consultant, Al Marakeb provides a boat selection process that is flexible, comprehensive and easy to understand.

For more info:
Al Marakeb: Nour Al Sayyed [Director]- n.alsayyed@almarakeb.net / +971 50 421 4491

Raytheon: Bailey Sargent [International Communications]- bailey_sargent@raytheon.com / +1 781 535 1755

© Press Release 2016