
Sweden’s Saab said Tuesday that the United Arab Emirates plans to buy two more of the company’s GlobalEye airborne early warning aircraft, with the deal potentially valued around $1 billion. Company officials at the Dubai Air Show detailed the contract update, which would raise the UAE’s total GlobalEye order to five aircraft, and noted that the deal has not been formally finalized with plans to move into final negotiations soon. The UAE is the first customer for GlobalEye, which is…