Dubai, UAE — EDGE, one of the world’s leading advanced technology and defense groups, announced that it bagged an AED 4.1 billion ($1.1bn) contract for the supply of aircraft munitions at Dubai Air Show Wednesday.
EDGE entity LAHAB DEFENCE SYSTEMS, the UAE’s sole munitions manufacturer, was awarded the contract which includes the production and delivery of the MK 81, MK 82, MK 83, and MK 84 general-purpose aircraft munitions.
Hamad Al Marar, President of the Missiles Weapons cluster within EDGE, said: “This contract strengthens the confidence of the Ministry of Defence in LAHAB DEFENSE SYSTEMS and reflects our ambitions to develop capabilities that meet future needs in the long term. We look forward to continuing to provide support and strengthening our commitment to the Ministry of Defence.”
The munitions will be produced at LAHAB DEFENCE SYSTEMS’ facilities, directly contributing to the UAE government’s ‘Make it in the Emirates’ initiative and ‘Operation 300bn’, a national industrial strategy aimed at raising the manufacturing sector’s GDP contribution to AED 300 billion over the next nine years.
