28.3 C
Dubai
Thursday, April 25, 2024
spot_img

EDGE signs major US$1.07 billion milestone agreement with Angolan Navy

[ad_1]

ABU DHABI – The EDGE Group today signed a major milestone contract worth €1 billion (US$1.07) for leading shipbuilder Abu Dhabi Shipyards (ADSB) to build a fleet of state-of-the-art 71-meter frigates for the Angolan Navy.

The BR71 MKII frigate is a highly sophisticated vessel equipped with advanced mission systems including 3D radar, electronic warfare suite, secure communications, main guns, and surface-to-surface and surface-to-air missile systems.

Khalid Al Breiki, President, Platforms and Systems, EDGE, said: “The signing of the €1 billion defense export agreement is a major achievement for EDGE and the ADSB. It is a testament to our strategic approach and unwavering commitment to Directed to increase the country’s exports.”

By exporting UAE-made advanced solutions globally, EDGE is developing the local defense industrial base, creating domestic value, diversifying the economy and positioning the UAE as a key global player in advanced technology and defence.

David Massey, CEO of ADSB, said: “At ADSB we are extremely proud to have signed this €1 billion export agreement. The BR71 MKII frigate is a highly advanced vessel capable of performing multiple missions to protect Angola’s 1600km coastline. We Looking forward to meeting the operational requirements of the Angolan Navy and strengthening their naval capabilities while expanding ADSB’s growth avenues.”

Operating out of a state-of-the-art 330,000 square meter shipyard in Abu Dhabi, ADSB builds frigates, offshore patrol vessels, fast patrol craft for military customers, and merchant vessels for the oil services industry.

The company also provides a full range of maintenance, repair and modification, upgrades and conversions, and design and engineering consulting services.

[ad_2]

Source link

Related Articles

UAE President and King of Bahrain Discuss Fraternal Relations and Regional Developments

UAE President and King of Bahrain Discuss Fraternal Relations The recent meeting between the President of the United Arab Emirates (UAE) and the King of...

UAE Doctors Combat Disease Surge Amidst Floods, Empower with Safety Tips.

UAE Doctors Address Rise in Ailments Amid Rains and Floods with Vital Safety Advice The United Arab Emirates (UAE) is no stranger to the occasional...

Jetronics Group moves to US and Europe Market after Covering GCC Countries – Mohammed Abdulnayeem – CEO

Jetronics Group Surges Into US and European Markets Following Success in GCC Expansion Since its inception in 2017, Jetronics Group has steadily grown its operations...

UAE Banks Offer Potential 6-Month Loan Instalment Deferral in Wake of Storm, Confirms Central Bank

UAE has confirmed that The Central Bank of the UAE are offering the possibility of deferring loan instalments for up to six months following...

NASA’s Revealing Images of UAE’s Flooded Regions Post-Heavy Rains

NASA Unveils Aerial Views of UAE's Flooded Regions A "slow-moving storm" system unleashed unprecedented torrential rains across various parts of the Emirates, inundating the UAE...

Latest Articles