8 Hrs
Source:
الاقتصادية
Morocco targets 5bln aerospace exports
The aerospace and aviation industry in Morocco aims to double its exports from around $3 billion in 2023 to approximately $5 billion annually over the next three years. The sector employs about 25,000 people across 160 companies, including major suppliers for Airbus, Boeing, and Safran. The industry seeks to increase local value added by manufacturing more complex aerospace and aviation systems, including engine assembly and landing gear equipment. Additionally, Morocco is focusing on strengthening its drone industry, having signed a memorandum of understanding with a French company to produce autonomous drones with a range of up to 2,000 kilometers, involving companies like Turkish Baykar, with the goal of developing local technologies and reducing reliance on external sources.
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