Abu Dhabi: Austria maintains EUR 2.9 billion in annual defense production with an export rate of 94%, according to Reinhard Marak, Chief Executive Officer at the Austrian National Defence Industry Association. Marak stated that Austria’s participation in the International Defence Exhibition (IDEX) reflects its commitment to strengthening international defense partnerships. This year, the Austrian pavilion features 15 specialized companies covering fields such as mobile ground systems, aerial surveillance, personal defense equipment, and protection technologies.
According to Emirates News Agency, Marak emphasized Austria’s long-standing history at IDEX, highlighting the exhibition as a key platform for Austria’s defense industries. He noted that Austrian companies are focusing on advancing traditional defense systems by integrating artificial intelligence technologies, especially in land mobility and unmanned systems.
Marak revealed that Austria’s defense industry comprises 120 companies, with a competitive edge in ground vehicles, information and communication technologies, cybersecurity, personal defense equipment, and aerial supply and surveillance systems. The sector’s annual production volume stands at EUR 2.9 billion, with an export rate of 94%, marking one of the highest export ratios in the global defense sector.
Discussing the importance of the Middle Eastern market, Marak emphasized its status as a primary market for Austria’s defense industry. The region is recognized for its relative stability and high demand for premium-quality defense products, aligning with the capabilities of Austrian companies. He also noted that Austria relies heavily on foreign markets due to limited domestic demand, as the Austrian government had not heavily invested in the defense sector until recent years.
Marak concluded by stating that Austrian companies are leveraging their participation in IDEX to strengthen relationships with regional partners, explore opportunities for joint manufacturing and technology transfer, and enhance cooperation in advanced defense solutions.