Abu Dhabi, UAE—A total of 10 deals worth AED2.7 billion ($735 million) were signed on the fourth day of the International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2023.
Today’s deals bring the cumulative value of the deals signed by Tawazun Council, the UAE government agency that deals with strategic acquisitions, at the exhibition so far to AED 21.14 billion for 44 deals.
On the fourth day, six contracts valued at AED1.2 billion were signed with local companies and four with international companies with a total value of AED 1.5 billion.
The biggest local contract, worth AED902 million, was awarded to Norinco, through International Golden Group, to procure AR3 multiple launcher rocket system and in-country services.
Another contract, worth AED91 million, was signed with Edge Group’s subsidiary Earth to supply gun’s thermal camera.
A contract worth AED53 million was signed with Tamalex International to provide vehicle’s technical support, maintenance and spare part supply services.
Three more contracts were signed with International Golden Group. A contract worth AED65 million to procure theramo-camera and thermoscope, a contract worth AED21 million to provide technical support services for SAP system, and a contract worth AED24 million to provide vessels’ communication system with technical support services and logistic services.
The international contracts announced today included an AED 1.26 billion contract with France’s MBDA to procure MICA missiles and a contract worth AED 36 million with Italy’s Leonardo to procure C4I systems’ spare parts.
Also signed was an AED 79 million contract with the US company Harris International to provide technical support and training services on C4I systems, and a contract worth AED 165 million with US Kaman Precision Products to procure ammunition fuzes.