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What are the details of the deals that were signed within two days in “IDEX” and “NAVDEX”?

February 22, 2021
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What are the details of the deals that were signed within two days in "IDEX" and "NAVDEX"?
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Brigadier General Muhammad Khamis Al-Hassani, spokesperson for IDEX and NAVDEX exhibitions, said that the total foreign deals amounted to 6.983 billion dirhams, which represents 95 percent of the total value of deals, while the value of local deals reached 310 million dirhams, or 5 percent. .

Al-Hassani indicated that the foreign contracts were distributed to 9 foreign companies, and two local deals.

This came during the press conference, which was held in the presence of Brigadier General Fahad Nasser Al-Dhahli, and Lieutenant-Colonel Sara Hamad Al-Hajri, official spokespersons of IDEX and NAVDEX 2021

Brigadier General Fahd Nasser Al-Dhhali said that the most prominent foreign deals that were concluded were with SAAB AB to purchase early warning aircraft type G6000 for the Air Force and Air Defense Command, worth 3.742 billion dirhams, and another contract with Raytheon company to purchase missiles. Patriot type / GEM-T / for the Air Force and Air Defense Command, worth 2.614 billion dirhams.

Foreign deals also included a contract with / FERRETTI / worth 136.3 million dirhams. The Armed Forces also contracted with the company / JOINT STOCK / for technical support for the electronic warfare field system for fictitious targets for the Air Force and Air Defense Command with a value of 30 million dirhams, and a contract with / HESCO BASTION / to purchase the defensive walls for the Land Forces Command at a value of 27.9 million dirhams.

The deals included a contract with the company / RUVEX / worth 3.110 million dirhams, and a deal with / ART INTERNATIONAL EURO / to supply spare parts and provide training and technical support / Cobra radar / in favor of the General Maintenance Corps Command at a value of 110.190 million dirhams, and a contract with / SAFRAN ELECTRONICS /, to renew A contract for the provision of spare parts, maintenance, repair and binoculars inspection for the Leclerc and armored tanks / BMP3 / at a value of 85.470 million dirhams, in addition to a contract with / DTEC / for the purchase of 50-meter-long traffic boats for the vital installations and coastal protection apparatus, at a value of 233,740 dirhams.

This evening, Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs of the United Arab Emirates toured the “IDEX 2021” exhibition.

He inspected a number of the pavilions of the companies participating in the exhibition, which display the latest developments in the defense industries sector in terms of technology and advanced equipment, and he also talked with exhibitors about the technologies and modern parts participating in the exhibition.

IDEX and NAVDEX are a model for the success of the good vision of leadership

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology in the UAE, affirmed that, through the sound vision of the wise leadership, the UAE focuses on investment within three main axes that include developing national human cadres, establishing advanced infrastructure, enhancing strategic cooperation and building quality partnerships in various Sectors.

In a statement on the occasion of the International Defense Conference and “IDEX and NAVDEX 2021” exhibitions, he said: “The International Defense Conference and the IDEX and NAVDEX exhibitions are a model for the success of this vision. Besides its important role in promoting security, peace and stability, defending the homeland and protecting its achievements and gains, the defense industries are a source of many inventions. Innovations that have been applied on a large industrial scale and are being used daily in fields such as computer systems, pharmaceuticals, food industries, space industries, and many others.

He added, “From here, the importance of this event appears, which greatly contributes to supporting the state’s drive to develop the industrial and manufacturing sector by relying on the innovations and applications of the Fourth Industrial Revolution and artificial intelligence, which strengthens the UAE’s position as a global destination for innovation that attracts talents, experiences, ideas and distinguished projects from all over the world to develop Advanced technology and employing it in raising economic growth rates and improving the quality of life. “

He said, “IDEX represents a unique platform to review the latest developments in the national defense industries and their quality that enhances its competitiveness worldwide,” adding, “The UAE’s adoption of advanced technology in the industrial sector in its various fields, including the defense industries, has become a tangible reality as a result of the wise vision of the wise leadership.” IDEX has succeeded in highlighting the great progress that the Emirati industry has made in this vital field, and here I would like to express our pride and pride in the distinguished efforts of national companies in the field of defense industries.

He concluded by saying, “We in the Ministry of Industry and Advanced Technology are ready to cooperate with all concerned parties and companies, in order to contribute to providing a system that supports the growth of this vital sector.”

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Tags: Arab NewsdaysdealsdetailsEmirates NewsIDEXIDEX launchedNAVDEXsigned

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