ADBS wins contract to build 12 war ships for UAE

by This email address is being protected from spam bots, you need Javascript enabled to view it on Wednesday, 25 February 2009

WARSHIP CONTRACT: UAE navy has ordered 12 war ships under a $253 contract. (Getty Images)

Abu Dhabi Ship Building has won a AED930m ($253m) contract to build 12 combat vessels for the UAE navy, the company's CEO said on Wednesday.

ADSB will also refit and upgrade the 12 combat vessels previously sold to the UAE navy.

"The new order is 12 more vessels and retrofitting the old 12 with a new weapons systems," William Saltzer said at an arms exhibition in the UAE capital.

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The first of the new vessels will be delivered in 18 months time and the rest at intervals of a few months, he said.

Abu Dhabi Ship Building announced on Monday it had won a AED460m deal to supply 34 interceptor vessels to an Abu Dhabi security body.

The 16-metre vessels will be designed by Turkey's Yonca-Onuk and co-produced by International Golden Group of Abu Dhabi. (Reuters)