IBOV 204,302.33 ▼ 0.74% IPSA 10,999.64 ▼ 1.47% IPC MEX 64,460.91 ▼ 1.30% MERVAL 2,824,123 ▼ 2.51% COLCAP 2,534.92 ▼ 2.09% BVL PERÚ 60,766.81 ▼ 1.71% USD/BRL5.02▲ 0.80% USD/MXN17.97▼ 0.09% USD/CLP978.61▲ 0.60% USD/COP3,240▲ 0.99% USD/PEN3.44▼ 0.06% USD/ARS1,517▼ 0.24% USD/UYU40.09▲ 2.39% USD/PYG5,835▲ 3.05% USD/BOB11.87▲ 2.15% USD/DOP60.29▲ 3.70% USD/CRC453.46▲ 2.32% USD/GTQ7.64▲ 3.39% USD/HNL26.86▲ 0.86% USD/NIO36.62▲ 0.26% USD/VES871.68▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.70▲ 2.23% EUR/BRL5.62▲ 0.33% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 204,302.33 ▼ 0.74% IPSA 10,999.64 ▼ 1.47% IPC MEX 64,460.91 ▼ 1.30% MERVAL 2,824,123 ▼ 2.51% COLCAP 2,534.92 ▼ 2.09% BVL PERÚ 60,766.81 ▼ 1.71% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Wednesday, October 7, 2026

Morocco Africa

Morocco Signs Aerospace Deals in Marrakech

By · October 7, 2026 · 5 min read
Jets parked in front of a hangar with the Moroccan flag at the Marrakech Air Show
Aircraft on the ground at the Marrakech Air Show, archive photo from the 2016 edition. US Department of Defense photo, public domain, via Wikimedia Commons.

Business: Morocco

Key Facts

—Who. Morocco’s Ministry of Industry and Commerce, the National Defence Administration, Boeing, Airbus, Lockheed Martin, Safran, Royal Air Maroc and the French defence start-up Harmattan AI.

—What. Four agreements and one letter of intent, signed at the opening of the 8th Marrakech Air Show. They cover research, factory investment, local sourcing and drone production, not aircraft orders.

—Where. Marrakech, Morocco. The show opened on Wednesday 7 October 2026.

—Numbers. Safran plans to invest 120 million dirhams (about US$12 million) and create 100 jobs. Harmattan AI’s platform has a planned capacity of 55,000 systems a year.

—US link. Boeing and Lockheed Martin are partners in the research platform. Lockheed is also behind Morocco’s new F-16 Block 72 fighters.

—As of. 7 October 2026, 22:50 GMT.

Morocco signed five aerospace and defence deals at the Marrakech Air Show on Wednesday 7 October 2026, with Boeing, Airbus, Lockheed Martin and Safran joining a research platform. None is an aircraft order, which shows that Morocco wants to build rather than only buy.

What We Know

The 8th Marrakech Air Show opened on Wednesday 7 October 2026. The Moroccan press reported that five agreements were signed at the opening, four of them full agreements and one a letter of intent.

The first is a joint research platform at the Africa Center for Manufacturing Excellence (ACME), a centre linked to Mohammed VI Polytechnic University (UM6P). Boeing, Airbus, Lockheed Martin, Safran Nacelles and the engineering centre Cetim Maroc signed with the phosphate group OCP, which founded the university, the Ministry of Industry and Commerce and the National Defence Administration.

The platform is meant to pool equipment, coordinate research and train workers through the ACME Academy. Signatories included Hicham El Habti, Secretary General of OCP and President of UM6P, and executives from each of the four aerospace groups.

The second deal is a memorandum for a Safran Oil Systems factory that will make aircraft engine lubrication systems. The investment is 120 million dirhams (about US$12 million, at the EODHD rate of 9.97 dirhams to the dollar on 7 October) and is expected to create 100 jobs.

The third is a local-sourcing agreement between the Ministry of Industry and Commerce and Royal Air Maroc, the national airline. Minister Ryad Mezzour and the airline’s chief executive Hamid Addou signed it, and no amount was disclosed.

The Defence Side: Harmattan AI and the IRIFI Drone

The fourth agreement sets up an industrial platform with Harmattan AI, a French start-up that builds autonomous defence systems. Le360 reports a planned capacity of 55,000 systems a year, following a strategic partnership the company signed with the Royal Armed Forces in June 2026.

The letter of intent was signed by Abdellatif Loudiyi, the minister in charge of the National Defence Administration, and by Mouad M’Ghari, co-founder and chief executive of Harmattan AI. It covers the IRIFI, a long-range autonomous strike system that Morocco wants to buy, develop and manufacture at home.

A letter of intent is not a contract, and no price, quantity or delivery date has been published. The Moroccan press did not report any firm Airbus or Boeing aircraft order at the show.

A white biplane parked beside a Royal Air Maroc jet at the Marrakech Air Show
A Royal Air Maroc jet behind a biplane at the Marrakech Air Show, archive photo from 2016. US Department of Defense photo by TSgt Brian Kimball, public domain, via Wikimedia Commons.

Why Morocco Is Building, Not Just Buying

Morocco wants a bigger share of aerospace work than assembly alone. As we reported on 6 October, Lockheed Martin has been scouting Moroccan suppliers for its aircraft programmes.

Rabat is also modernising its air force, and we covered the first flight of Morocco’s F-16 Block 72. Local assembly and maintenance would let Morocco service such aircraft at home rather than abroad.

What Is Not Known

Only the Safran investment has a published figure. The values of the research platform, the Royal Air Maroc agreement and the Harmattan AI factory have not been disclosed.

It is also unclear where the Harmattan AI plant will be built and whether the IRIFI letter of intent will become a contract. Export permission for such weapons, in France or elsewhere, has not been discussed in the reports we reviewed.

What It Means for US Readers and Investors

Boeing and Lockheed Martin both sit inside the new research platform, so US aerospace suppliers gain a seat in Morocco’s growing industrial base. Companies that source parts from North Africa should watch which suppliers win Royal Air Maroc’s local contracts.

For investors, the disclosed numbers are small, but the direction is steady: more aerospace work moves to Morocco, close to Europe and Africa. The next test is whether the research platform and the Harmattan AI plant publish budgets and timelines.

Frequently Asked Questions

What was signed at the Marrakech Air Show?

Morocco signed four agreements and one letter of intent on 7 October 2026. They cover a research platform, a Safran factory, local sourcing with Royal Air Maroc and drone production with Harmattan AI.

Did Morocco order aircraft from Airbus or Boeing?

No firm aircraft order was reported at the opening. Boeing and Airbus joined a research platform instead.

How much will Safran invest?

Safran Oil Systems will invest 120 million dirhams, about US$12 million, and create 100 jobs. The factory will make engine lubrication systems.

What is the IRIFI?

The IRIFI is a long-range autonomous strike system. Morocco and Harmattan AI signed a letter of intent to acquire, develop and produce it in Morocco.

Sources

Le360 · Yabiladi · Hespress · EODHD (USD/MAD)

RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

Africa Intelligence

One email, every weekday morning. African markets, politics and business — filed from our newsroom in Rio.

Yesterday’s subject line: “Kenya confirms first Bundibugyo virus case in Nairobi”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Connected Coverage

More Morocco coverage on The Rio Times

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

Part of our ongoing coverage

Africa: The New Scramble — the great-power contest over the continent.

More from Northern Africa

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.