23 C
Monday, March 4, 2024

Umex Witnesses Local Firms Securing Dh939 Million in Defence Contracts at Abu Dhabi

Umex During a press conference at the Unmanned Systems Exhibition (Umex) and the Simulation and Training Exhibition (SimTex), top officials from the Tawazun Council, the UAE’s defence and security acquisitions authority for the Ministry of Defence, announced significant achievements in the realm of defence contracts. Local companies, prominently led by Abu Dhabi’s Edge Group, successfully secured major contracts totaling Dh939 million.

Contract Highlights at Umex and SimTex

Tawazun Council’s spokesperson, Zayed Saeed Al Meraikhi, and chief of corporate communication, Mona Ahmed Al Jaber, unveiled the signing of five notable deals during the event. They underscored that a total of 10 contracts, amounting to Dh1.9 billion, had been awarded on behalf of the ministry in the initial two days of the exhibitions.

Edge Group’s Victories

On the second day, the Edge Group emerged victorious, clinching a Dh220 million contract for the procurement of drone systems, coupled with the provision of technical support and training services. Additionally, they secured a Dh708 million deal for the acquisition of defence systems, particularly anti-drone guns.

Other Strategic Contracts

The Council also concluded three additional contracts, demonstrating the diverse scope of the awarded projects. These included an Dh8 million deal with Gulf United Integrated Multitech Solutions for the procurement of robots, a Dh2 million contract with Star Ling Spatial Communications for communication bands, and a Dh639,000 agreement with the National Center of Meteorology.

Proud Milestones for Emirati Defence Industries: Umex 

Expressing pride in the accomplishments of Emirati defence industries, Al Meraikhi highlighted the country’s unwavering commitment to developing a sophisticated defence sector driven by national capabilities. He emphasized that this strategic sector would not only provide comprehensive and effective solutions but also solidify the UAE’s position as a regional hub for advanced defence industries.

Also Read

Elektron Motors: Spearheading the Electric Vehicle Revolution in the GCC and Beyond

“Tax Group Chronicles: Transition from Establishment to Farewell in the UAE”-1

Related Articles

UAE Prepares for Intense Rain and Thunderstorms Sweeping Across the Emirates

UAE Gears Up for Empowering Rain and Thunderstorms Sweeping Across the Emirates As dawn breaks over the UAE, a sense of tranquility envelops the landscape,...

Sharjah’s Powerful $750 Million Sustainable Bond Issuance

Sharjah's Triumphant $750 Million Sustainable Bond Launch The Government of Sharjah has achieved a significant milestone with the successful issuance of a $750 million 12-year...

UAE Achieves a Pioneering Economic Milestone, Thriving Prosperity

UAE Economy Achieves Unprecedented Milestone The United Arab Emirates (UAE) has achieved a significant milestone in its economic diversification journey, marking what officials are calling...

Vitaliy Chiryassov: Aspiring to Streamline the Business Consulting Industry in the UAE 14567

Vitaliy Chiryassov: Aspiring to Streamline the Business Consulting Industry in the UAE In this interview, we're talking with Vitaliy Chiryassov, an entrepreneur who operates multiple...

International Jewellery Summit Sparkles in Dubai , Dazzling Unity

International Jewellery Summit in Dubai, The anticipation and excitement are palpable as the stage is set for the upcoming India Gem & Jewellery Show in...

Latest Articles