Deals Worth AED 3.955 Billion Announced at IDEX

Day three of the International Defence Exhibition and Conference (IDEX) and Naval Defence Exhibition (NAVDEX) and Unmanned Systems Exhibition (UMEX), drew to a close today with the daily press briefing from Staff Major General Obaid Al Ketbi, Chairman of the IDEX 2015 Higher Committee.

Unmanned technology was the central focus of the third day of IDEX as a flying demonstration by many of the world’s most sophisticated unmanned vehicles took to the skies in Tarif in the Western Region of Abu Dhabi as part of the 1st edition of the Unmanned Systems Exhibition (UMEX) 2015.

The live demonstrations were witnessed by His Highness Sheikh Hazza bin Zayed Al Nahyan, National Security Adviser and Vice Chairman of the Abu Dhabi Executive Council and a number of high ranking officials.

Speaking to assembled journalists, Staff Major General Obaid Al Ketbi spoke about his enthusiasm for the UMEX live demonstrations, stating, “I do believe that UMEX will play a central role in the future of unmanned vehicles.”

Today’s commercial deals:
• UAE Armed Forces entered a deal with Tawazun Dynamics to purchase “ultra precision” guided ammunition. The deal is valued at AED 1.53 billion.
• UAE Armed Forces and Emirates Advanced Research and Technology Holding (EARTH) announced a new contract for the development of Oshkosh machinery (M-ATV) and technical support and maintenance through provision of spare parts and services. The contract is valued at AED 864 million.
• UAE Armed Forces entered a deal with Caracal International, to purchase 80,000 modern assault rifles, type CAR816. The deal is worth AED 763 million.
• UAE Armed Forces will purchase nine helicopters from Augusta Westland NV – an Anglo-Italian helicopter manufacturing company. Six will be for search and rescue purposes and three for VIP use. The deal is worth AED 732 million.
• UAE Armed Forces contracted with Rheinmetall Air Defence to provide technical support through providing spare parts and maintenance services, and repair for the Skyguard Cannon System. The deal is valued at AED 34 million.
• UAE Armed Forces entered a deal with Raytheon Systems from Britain, to purchase and assemble an aerial radar to detect planes. The contract is worth AED 11 million.
• UAE Armed Forces entered a deal with Thales Communications & Security from France for technical maintenance, repair and support of devices, worth AED 21 million.

 

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