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Boeing, Saab See Surveillance Plane Demand Rising Across Asia

Boeing Co., the second-biggest defense contractor in the U.S., and Saab AB expect demand for maritime and aerial surveillance systems to grow in Asia as territorial disputes intensify.

Demand for maritime patrol craft and affiliated equipment in the Asia-Pacific region is expected to grow steadily for the foreseeable future, Chris Chadwick, head of Boeing’s defense business, said yesterday in Singapore. Boeing and Stockholm, Sweden-based Saab both manufacture aircraft used for maritime patrol and surveillance.