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IDEX kicks off with billion dollar deals

Posted 17 February 2019 · Add Comment

The strength of the defence industry in the Middle East was reinforced today with more than billion dollars of deals agreed at the biennial IDEX show in Abu Dhabi

 

General Mohammed Al Hassani, Official Spokesperson of IDEX 2019, and Naval Staff Colonel Fahad Nasser Saif Al Thehli, Official Spokesperson of NAVDEX 2019, announced 33 deals worth more than AED4,971 billion..($1.353 billion)
An indication of the changing nature of the defence aticities saw National companies receiving 18 of the 33 contracts.
Highlight included A contract with tRaytheon to buy Patriot missiles for the UAE Air Force; a contact with the Russian Joint Stock Company for maintenance work and to buy Pantsir spare parts for the UAE Air Defence Force; A contract with the Swiss company Rheinmetall for technical support in Skyguard air defence product for the UAE Air Force and a deal with Lockheed Martin to add capabilities to the radar system for the UAE Air Force

 

 

 

 

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