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Deals worth AED 4.416 billion announced at IDEX 2017
 

Abu Dhabi-UAE: 20 February, 2017:  His Excellency Brigadier-General Rashid Mohammed Al Shamsi, Official Spokesperson for the 13th edition of the International Defence Exhibition and Conference (IDEX 2017), announced that 21 deals worth more than AED4.416 billion have been signed today at IDEX. 
15 of the deals are with national companies and the remaining 6 with international companies. The deals were announced in a press conference at Abu Dhabi National Exhibition Centre. Also headlining the conference were Major-General Staff Pilot Ishaq Saleh Al Balushi, Deputy-Chairman of the Higher Organising Committee of IDEX 2017 and Naval Staff Colonel Fahed Nasser Al Thehli, Official Spokesperson for the fourth edition of the Naval Defence Exhibition (NAVDEX 2017). 

His Excellency Brigadier-General Rashid Mohammed Al Shamsi announced the following contracts:
A contract with International Golden Group (IGG) to buy AED 394,323,197 worth of ammunitions for ground troops. 

A contract worth AED 13, 689,175 between Naval Advanced Solutions (NAS) and the UAE Navy for the development of their marine meteorological system.

A contract worth AED 100,401,795 with Abu Dhabi Ship Building (ADSB) for the supply and installation of electronic communications systems and exchange of information for the UAE Navy. The British company, HESCO Group, has been contracted for the purchase of a number of defensive walls (fortifications) worth AED 91, 426,185.66.

A contract with the French company, THALES UNDERWATER SYSTEM SAS, to buy AED 85,238,000 worth of sonars and with Tawazun Operation to buy armour mechanisms (8 * 8) amounting to AED 2,428,657,820.05. 

A contract between the UAE Armed Forces and the Finnish company, Patria Land Systems worth AED 225,420,000. Furthermore, contracting North Star Aviation to provide technical and logistical support to BELL 407 helicopters, valued at AED 15 million. In addition, a contract with Star Satellite Telecom to buy replacement satellite telecommunication parts worth AED 30,344,783.34.

A deal worth AED 50 million with GAL Air Traffic Control was signed to provide technical and specialist support in the main maintenance centre for the Air Force. Moreover, a contract with Royal Jet for the management, operation, training and localisation of International Movements Operations Centre (IMOC) amounting to AED 80 million. In addition a contract with the company, Abu Dhabi Drilling to provide maintenance and services for the Navy, valued at AED 17,306,100. Next, a contract with Al Rumaithy Establishment to provide technical backing for ground forces valued at AED 15 million.

Moreover, today’s deals included a contract with Emirates Defence Technology to provide technical assistance (maintenance and supply of spare parts for machinery) worth AED 30 million. Furthermore, signing an AED 181,340,020 contract with Caracal Light Ammunition (CLA) to buy ammunition and supply guns to the Armed Forces. 

Tuff Global was contracted for the purchase of assorted ammunition for the Armed Forces, valued at AED 147,355,075. Moreover, an AED 6,650,000 contract with Al Jaber company for the purchase and supply of rocket launchers. In addition to an AED343,797,390 contract with MBDA to buy ammunition for the navy. Also, an AED 40,770,040 contract with Watts Defence Optics & Hall to supply monitoring equipment for ground forces. 

The Austrian company, Rosenbauer International AG, was contracted to buy extinguishing mechanisms valued at AED 36,500,000. Next an AED 52,800,000 contract with Beltech Export from Belarus to supply spare parts, repair services and technical assistance for armoured vehicles BMP-3.

His Excellency Brigadier-General Rashid Mohammed Al Shamsi said that the volume of transactions on the first day of the exhibition reflects the leading stature of the exhibition. The demand from national and international defence players demonstrates their keenness to partake in the exhibition and use its unique platform to showcase their latest defence technologies and innovations. IDEX offers stakeholders and experts the opportunities to identify new players in the market and seize world-class defence, security and civil technologies. 

IDEX and NAVDEX demonstrate the latest defence technologies across land, sea and air. Both offer a unique platform to establish and strengthen relationships with government departments, businesses and armed forces. The previous edition of IDEX held in 2015 witnessed the participation of over 1,200 national, regional and international exhibitors and attracted more than 101,000 visitors and generated deals exceeding AED18.3 billion.

Emirates Defence Industries Company (EDIC) is the strategic partner for IDEX 2017 whilst Tawazun Holding (Tawazun) is the principle partner. Abu Dhabi Shipping Building (ADSB) is the principle partner for NAVDEX 2017.

Posted by : Dubai PR Network Editorial Team
Viewed 5057 times
PR Category : Events & Exhibitions
Posted on : Monday, February 20, 2017  11:20:00 AM UAE local time (GMT+4)
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