A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Tuesday, October 3, 2023

UAE Armed Forces Sign 17 deals Worth Dh5.2bln

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.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.

RELATED ARTICLES

Chrystia Freeland named new Canada finance minister

Canada's deputy prime minister Chrystia Freeland has been named...

Qantas reports £1bn annual loss

Qantas has reported an annual loss of almost A$2bn...

Saudi railway wins international award

The Saudi Railways Co. (SAR) won the International Safety...

Spain struggles to contain Europe’s worst virus infection rate

Just seven weeks after controlling its first coronavirus wave,...

UK goes into record recession after economy shrinks by 20%

The United Kingdom officially went into a recession after...

Biden, Harris vow to ‘rebuild’ America

Joe Biden and Kamala Harris, marked their first public...

UK will be ‘ruthless’ over quarantine: Johnson

British Prime Minister Boris Johnson said his government was...

World needs to spend at least $100 bln to fight virus: WHO

The world needs to spend at least $100 billion...

Disney ends the historic 20th Century Fox brand

Walt Disney has brought to an end one of...