UAE Armed Forces Sign 17 deals Worth Dh5.2bln

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UAE Armed Forces Sign 17 deals Worth Dh5.2bln

UAE Armed Forces Sign 17 deals Worth Dh5.2bln

(Abu Dhabi) – A total of Dh5.2 billion of defence contracts was sealed by the UAE with 17 international and national contractors, with the US Wisconsin-based defence contractor Oshkosh Corporation winning the biggest deal of Dh1.4 billion to provide the UAE Armed Forces with 750 Mine Resistant Ambush Protected All-Terrain Vehicles (M-ATV), according to Major General Obaid Al Ketbi, Chairman of the organising committee for the International Defence Exhibition and Conference (IDEX 2013).
The UAE also signed a Dh722 million contract with the UAE’s International Golden Group (IGG) to purchase Predator-EPs and integrated technical support, Al-Ketbi said in a press conference. Another contract worth 472.7 million was signed by the Armed forces with Russia’s KBP to buy different types of ammunition.
The third largest deal worth Dh720 million was won by Tawazun Holding, the UAE’s strategic investment holding company focused on defence and specialised manufacturing, to supply CIRIT laser guided missiles. CIRIT, manufactured by Rokestan, is the first Turkish-made laser-guided missile.

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