Search Site

Trends banner

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

EPI to make assembly parts for Raytheon

EPI is part of the Platforms Systems cluster within EDGE, one of the world's leading advanced technology groups. (WAM)
  • EPI will supply prototype quantities of machined aluminium and assembly parts for the Coyote® Counter-UAS interceptor.
  • The agreement supports the 'Make it in the Emirates' initiative, a comprehensive plan for developing the UAE's industrial sector.

Abu Dhabi, UAE — EPI, a contributor to UAE’s aerospace, oil gas, and defense industries, Friday announced it has been contracted to produce prototype aluminum and assembly parts to the Coyote program for Raytheon, an RTX business.

The announcement was made during the Dubai Airshow, which will conclude today at Dubai World Central.

EPI is part of the Platforms Systems cluster within EDGE, one of the world’s leading advanced technology groups.

As part of the first contract awarded to EPI by Raytheon, EPI will supply prototype quantities of machined aluminum and assembly parts for the Coyote® Counter-UAS interceptor, including manufacturing, complex machining, special processes and surface treatments, quality assurance, and sub-assembly of the parts and their materials.

Also read: Edge bags $1.1bn UAE defense ministry munitions contract

The agreement supports the ‘Make it in the Emirates’ initiative, a comprehensive plan for developing the UAE’s industrial sector and enhancing its role in stimulating the national economy. It follows a Memorandum of Understanding with Raytheon Emirates announced during this year’s International Defence Exhibition (IDEX).

Michael Deshaies, EPI CEO, said, “We are very proud to be collaborating with Raytheon, as our bespoke manufacturing services are uniquely equipped to supplement their international supply network. This contract also represents a significant step in our goals to expand our machining portfolio, localise national manufacturing capabilities, and increase the threshold for ‘Made in the UAE’ exported parts.”

“We’re thrilled to team up with EPI on our Coyote localization programme,” said Fahad Al Mheiri, MD of Raytheon Emirates. “This partnership aligns with our ‘Make it in the Emirates’ commitment, bolstering UAE’s industrial sector. We believe EPI’s precision manufacturing will be pivotal to both our Coyote work and the UAE’s goal to strengthen key industrial sectors.”