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First day of IDEX sees Dhs4.416b deals
By our business bureau February 20, 2017
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Abu Dhabi: 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 Dhs4.416 billion have been signed on Sunday at IDEX.

Out of total, 15 deals are with national companies and the remaining 6 with international firms. 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).

Brigadier-General Rashid Mohammed Al Shamsi announced the following contracts:

A contract with International Golden Group (IGG) to buy Dhs394,323,197 worth of ammunitions for ground troops.

A contract worth Dhs13, 689,175 between Naval Advanced Solutions (NAS) and the UAE Navy for the development of their marine meteorological system.

A contract worth Dhs100,401,795 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 Dhs91, 426,185.66.

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

A contract between the UAE Armed Forces and the Finnish company, Patria Land Systems worth Dhs225,420,000. Furthermore, contracting North Star Aviation to provide technical and logistical support to BELL 407 helicopters, valued at Dhs15 million. In addition, a contract with Star Satellite Telecom to buy replacement satellite telecommunication parts worth Dhs 30,344,783.34.

A deal worth Dhs50 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 Dhs 80 million. In addition a contract with the company, Abu Dhabi Drilling to provide maintenance and services for the Navy, valued at Dhs17,306,100. Next, a contract with Al Rumaithy Establishment to provide technical backing for ground forces valued at Dhs15 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 Dhs 30 million. Furthermore, signing an Dhs 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 Dhs147,355,075. Moreover, an Dhs6,650,000 contract with Al Jaber company for the purchase and supply of rocket launchers. In addition to an Dhs343,797,390 contract with MBDA to buy ammunition for the navy. Also, a Dhs 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 Dhs 36,500,000. Next a Dhs52,800,000 contract with Beltech Export from Belarus to supply spare parts, repair services and technical assistance for armoured vehicles BMP-3.

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.

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