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Fri 27 Feb 2009 07:53 AM

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Saudi, UAE set for 'major orders' of VIP armoured car

Russia also expected to sign up for new civilian VIP luxury armoured vehicle, says company.

Saudi Arabia, the UAE and Russia are expected to place "major orders" for a new civilian VIP armoured vehicle, it has been announced. Hydra Trading, an Abu Dhabi-based company specialising in providing technology solutions and maintenance, repair and overhaul services to the defence industry, said it had already secured more than AED122 million ($33m) in orders for the locally manufactured vehicles.

According to Dr Mohamad Zahran, director general, speaking on the sidelines of the International Defence Exhibition (IDEX) in Abu Dhabi, the vehicle is mainly targeted for escorting VIPs, police and para-military forces.

"We are extremely pleased with the response this product has received. We have already sold around 75 units of the vehicle that combines 4x4 security with a luxury finish.

"We are delighted at the response that Idex has generated for this product. We are further expecting major orders from Saudi Arabia, Russia and the UAE. The orders are expected to come from the armed forces for force protection and individuals for personal security," he added

Hydra Trading added that the serial production activity is expected to start soon and the company is expected to deliver the first batch of vehicle units in about six months time.

IDEX 2009 concluded on Thursday with the total deals signed during the five-day event exceeding AED18 billion.

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