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Wed 22 Feb 2017 03:36 PM

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$931m in defence deals announced on day 4 of UAE expo

Wednesday's contracts with local and international firms included one awarded to missile maker Raytheon

$931m in defence deals announced on day 4 of UAE expo
Members of the Emirati armed forces, dressed in civilian clothing, enact a simulated terrorist attack during a military show at the opening of the International Defence Exhibition and Conference (IDEX) in the Emirati capital Abu Dhabi. (KARIM SAHIB/AFP/Getty Images)

The UAE announced 3.42 billion dirhams ($931 million) in defence procurement contracts on Wednesday, the fourth day of the biennial International Defence Exhibition (Idex) in Abu Dhabi.

The UAE Armed Forces have awarded around 18.8 billion dirhams in contracts during the first four days of the event, Reuters calculations show.

Wednesday's contracts with local and international firms included a 1.29 billion dirham deal awarded to missile maker Raytheon Co, Idex spokesman Rashid al-Shamsi told reporters.

The region's largest defence show where more than 1,200 companies are participating closes on Thursday.

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