UAE signs Dhs23.34b worth of total deals during IDEX and NAVDEX 2023 - GulfToday

UAE signs Dhs23.34b worth of total deals during IDEX and NAVDEX 2023


Visitors view a weapons platform carrying "Desert Sting 16" GPS and laser-guided smart micro munitions during the IDEX at the Abu Dhabi International Exhibition Centre. AFP

The UAE signed defence deals worth Dhs2.2 billion ($599.00 million) on Friday, the fifth day of the International Defence Exhibition in Abu Dhabi.

Tawazun Council signed 11 deals, worth Dhs2.2b, with local and international companies on behalf of the Ministry of Defence on the fifth and final day of the International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2023.

This makes the cumulative value of the deals Tawazun Council signed on behalf of the Ministry of Defence and Abu Dhabi Police so far Dhs23.34 billion for 56 deals.

The announcement was made during a press conference held by Ahmed Ali Al Harmoodi, Sector Chief, Acquisitions Management at Tawazun Council, as well the Council’s official Spokesmen Majed Ahmed Al Jaberi and Zayed Saeed Al Meraikhi.

"We are proud of the trust bestowed on us by our wise leadership to manage the contractual, legal, and financial aspects of procurement and programmes for the Ministry of Defence, Security Agencies, and Abu Dhabi Police from roll-out to completion," Al Harmoodi said.

He praised the success of this year’s Idex and NAVDEX, held under the patronage of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan.

"IDEX and NAVDEX have contributed to solidify the UAE's position as a global destination for Meetings, Incentives, Conferences, and Exhibitions,” he added.

Russianhelicopter-IDEX Russian helicopters are displayed at NAVDEX in Abu Dhabi. Reuters

Announcing deals with local companies, Al Meraikhi said, "The total number of contracts Tawazun Council signed on Friday on behalf of the Ministry of Defence were 11 contracts with a total value of Dhs2.2 billion. They include 7 contracts with local companies, with a total value of Dhs1.6 billion, and 5 contracts signed with international companies with a total value of Dhs653 million.

The biggest local contract-worth Dhs799 million, was awarded to ESE to procure ammunition. Also signed with ESE is a contract worth Dhs14 million to procure ammunition.

Another contract, worth Dhs612 million, was signed with Etimad Strategic Security Solutions to provide technical support for border security systems.

A contract worth Dhs46 million was signed with AM Industries to procure guard rooms and an Dhs43 million contract was signed with Aman Marine Engineering to provide vessels’ technical support, maintenance and spare parts supply services.

IDEX2023 Visitors tour in a showroom by mockups of products by Turkish defence corporation Aselsan during the IDEX. AFP

Other deals included an Dhs3 million contracts with Falcom Eye Technologies to provide technical support and repair services for security systems, a contract worth Dhs101 million with South Korea’s Hanawa Aerospace, through Tawazun Technology and Innovation, to procure multiple rocket launcher and to provide local support services.

Announcing the final day’s deals with international companies, Al Jaberi said a contract worth Dhs198 million was signed with France’s MBDA to procure data link equipment and an Dhs90 million contract with Euro-Art International, also from France, to provide radars’ technical support services.

Also announced were an Dhs108 million contract with Swedish company SAAB to provide maintenance services on GlobalEye 6000 services, an Dhs59 million contract with Germany’s Rohde & Schwarz to procure and install telecommunication systems, an Dhs198 million contract with the Chinese company CETC International to procure and install telecommunication systems.


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