Subscribe Free
in Defence

IDEX: EDGE chief relaxed about arms ‘review’ as business booms

Posted 24 February 2021 · Add Comment

The CEO of the United Arab Emirates defence conglomerate, Edge, shrugs off concerns the media has over the current ongoing review of sales to the Gulf from the US and some European nations.

In just 15 months the company has become one of the top 25 defence businesses in the world and has developed weapons, uavs and other systems from scratch in a pragmatic way with products “bought off the shelf.”

“We went from scratch. These products did not exist,” said Fasial Al Bannai, in an exclusive interview with Arabian Aerospace.
“And the reason we were able to move that was we want to be a very practical company that is picking stuff from off the shelf using commercial technology, and combining it with military knowhow and really accelerating from concept to launch of a product that I think the result is the type of drones and solutions that you see on the ground today.”

But asked whether access to a supply chain might affect the Edge business, Al Bannai shrugged.

“I can't control what other countries decide, or politicians decide or whoever decides,” he said. “What we focus our energy on, is what we control. What we control is capabilities, we are building capabilities we are investing in, and partners that are working with us to further accelerate these capabilities. And many of the things you see here are things that we've accelerated ourselves with willing partners wherever, and frankly, that is where we're spending our time and energy in this regard, then everything else is a distraction.”

Al Bannai said involvement in projects like the F-35 (The contracted sale of the US fighter to the UAE is currently being reviewed by the Biden administration, could be a long-term thing.

“I think, F-35, or similar platforms, there are platforms that the country buys and these platforms live with you for 10 or 20 years. I mean, they're not things that you buy today, and you finish them in two years, and you know, they're gone. Which means whether it's the F-35 or another type of platform of course, an industry like ours, is very interested to get involved.

“Because there are a lot of opportunities for integration, there's a lot of opportunities for payload, there's a lot of opportunities for a host of services, including MRO and in that regard. So regardless of the platform, both F-35 or others, we are here to be positioned as an industry that will work or whoever is the provider of such a platform to the country, to be able to offer a whole host of services from basics of MROs all the way to integrating weapons and other kinds of payloads,” he said.

 

Faisal Al Bannai at IDEX today. Image Billypix

Other Stories
Advertisement
Latest News

Gulf Air to transform Falconflyer programme

Gulf Air has selected IBS Software as a partner to enhance its Falconflyer loyalty programme (FFP) and provide Gulf Air with the flexibility to adapt its Falconflyer programme to meet the needs of travellers and enhance its members

NAS and World Economic Forum partner to share traveller vaccine records

National Aviation Services (NAS) has partnered with the World Economic Forum to enhance safe air travel by using its KuwaitMosafer platform to share Kuwait’s vaccine records with countries and airlines across the globe.

Etihad Airways celebrates the UAE’s Year of the 50th

Etihad Airways has unveiled a year-long programme in celebration of the 50 years since the nation was established. The programme will launch in three phases, focusing on the past, the present and looking forward to the future.

Bombardier completes 100th Global 7500 business jet wing

Bombardier is celebrating the completion of the 100th wing for its Global 7500 business jet, a significant milestone for the industry-leading aircraft and for the company’s facility in Red Oak, Texas, where the advanced wing is

Emirates and Sheraa sign MOU

Emirates has signed an MoU with Sharjah Entrepreneurship Center (Sheraa) to strengthen and expand the entrepreneurship ecosystem in the UAE.

Sanad closes US$ 55M financing deal with Commercial Bank of Dubai

Sanad Capital, a wholly-owned subsidiary of Mubadala Investment Company and the global aerospace engineering and leasing solutions leader, has closed a US$ 55 million debt financing deal with the Commercial Bank of Dubai, one of the

WDS SK2601090322
See us at
World Defence Show 2022Aviation Africa 2021 BTNNAviation MENA 2021DAS21_BT