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AED 5.8b Worth of Deals Signed on Third Day

Our Bureau - : Feb 23, 2023 - : 3:25 am

Tawazun Council signed 9 deals, worth AED 5.7 billion, with local and international companies on behalf of the Ministry of Defense, and two deals worth AED 134 million on behalf of Abu Dhabi Police on the third day of the ongoing show.

The total value of the11 deals signed on Day 3 is AED 5.8 billion. The cumulative value of the deals announced so far at the event is AED 18.44 billion, for 34 deals.

“The total number of contracts Tawazun Council signed on behalf of the Ministry of Defense were 9 contracts with a total value of AED 5.7 billion,” said Tawazun Council’s official Spokesman Zayed Saeed Al Meraikhi. “They include 4 local companies, with a total value of AED 5.05 billion, while the number of contracts signed with international companies has reached 5 contracts with a total value of AED 694 million. “

The biggest contract- worth AED 4 billion, was awarded to Earth, a subsidiary of Edge Group to develop tactical data link network. Another contract, worth AED 1 billion, was signed with Edge Group’s subsidiary Halcon to procure Al Tariq system.

A contract worth AED 28 million was signed with International Diving Trade to provide technical support to the boats workshop. An AED 27 million contract was signed with International Golden Group to procure scanning and monitoring devices.

The international contracts announced today included two with France’s Thales. One is worth AED 176 million to provide technical support for the GM-200 radars and the other is an AED 6 million contract to provide technical support and training on CMS. The other two signed contracts were an AED 407 million contract with the French company Naval Group, to procure Anti-Torpedoes’ CANTO systems AND mu-90 torpedoes.

Also signed is an AED 68 million contract with the US company Kaman to procure a proximity fuze and a contract worth AED 37 million with Frequentis AG of Austria to develop operation center.

Majed Ahmed Al Jaberi, Tawazun Council’s official Spokesman, detailed the two AED 134 million deals signed on behalf of Abu Dhabi Police, including a contract worth AED 62 million with Leonardo of Italy to procure AW139 Helicopter and an AED 72 million contract with Nimr, a subsidiary of Edge Group, to procure Ajban vehicle 4X4.

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