DUBAI, UAE – Tawazun Council signed 16 deals, worth US$1.3 billion (AED 4.87 billion), with local and international companies on behalf of the Ministry of Defense on the fourth day of the Dubai Airshow 2023.
UAE’s Tawazun Council is an independent government entity that works closely with the defense ministry.
This brings the total value of the deals Tawazun Council signed on behalf of the defense ministry so far to US$5.8 billion (AED 21.6 billion) for 44 deals.
The first day saw announcement of contracts worth US$1.2 billion (AED 4.7 billion) and the second day US$1.8 billion (AED 6.9 billion).
The total value of contracts announced on third day stood at US$1.3 billion (AED 5.1 billion).
The announcement was made during a press conference held by Tawazun Council’s official spokesmen Zayed Saeed Al Meraikhi and Majed Ahmed Al Jaberi.
Zayed Saeed Al Meraikhi said on Thursday that Tawazun Council signed nine contracts totalling US$1 billion (AED 3.8 billion) with local companies on the fourth day of Dubai Airshow 2023.
A contract worth US$353 million (AED 1.3 billion) was awarded to International Golden Group to procure Air Defense System.
A contract worth US$28 million (AED 105 million) was signed with Abu Dhabi Airports to provide services at Al Ain International Airport.
Other announced deals with local companies included a contract with AL Sahraa Freight Transport and Logistics worth US$2.1 million (AED 8 million) to procure spare parts, repair and maintenance for airports ground systems and equipment.
It also included a contract with AAL Group to provide maintenance services for helicopters at a value of US$11 million (AED 42 million).
Three contracts were signed with GAL, the first one is to provide maintenance services for helicopters for US$72 million (AED 266 million), and the second to provide specialists to support aviation systems for US$26 million (AED 96.8 million), while the third one was to procure spare parts for aircraft for US$435 million (AED 1.6 billion).
An US$48 million (AED 178 million) contract signed with Barij Munitions an Edge company, to procure ammunition.
The last deal was with ADASI, an Edge company at a value of US$64 million (AED 239 million) to procure helicopters.
The international contracts announced on Friday by Majed Al Jaberi included seven contracts at a total value of US$291 million (AED 1.07 billion).
The first contract was signed with the American company Lockheed Martin Global to procure spare parts for communication systems, at a total value of US$99 million (AED 367 million).
An AED 7.3 million contract awarded to the American company Environmental Tectonics Corporation to procure spare parts and materials for aviation medical devices.
A contract signed with the Swedish company SAAB to provide aircraft maintenance services for AED 185 million.
While two signed contracts with the French company Thales, the first one is to develop the communication system for AED 318 million and the second for modernization and development of sonar systems worth AED 66 million.
A contract with the Italian company Agustawestland Aviation Services to provide spare parts and repair for aircraft for AED 50 million.
The last contact was for the French company Dassault Aviatio” for AED 78.6 million.
Al Jaberi emphasized the crucial role of the Tawazun Council in ensuring quality in the aerospace and defense (AD) industry.
The focus is on setting priorities through the implementation of strategies that guarantee continuous development and access to the latest products and technological solutions.
This is achieved by adopting the best global practices in acquisition policies and procurement management, aligning with the UAE’s vision for an advanced defense sector.