UAE defence firm is emerging as a global powerhouse with more than $2bnin international orders
defence
UAE defence giant EDGE awarded $16.3bn of contracts since 2019
EDGE awarded more than $16bn of contracts since it was founded in UAE
UAE’s EDGE inks pact with Turkish Aerospace Industries on advanced airborne-domain projects
Under the terms of the MoU, the two companies will provide continuous intelligence, surveillance, target acquisition, and reconnaissance
World Defence Show in Saudi Arabia ends with $6.9bn in deals
World Defence Show witnessed signing of 61 purchase contracts in Saudi Arabia
Abu Dhabi’s EDGE expands global footprint with new office in Brazil
The fast-growing technology company, which has secured over $5 billion worth of orders last year, will open its LATAM office in capital Brasilia
UAE’s Edge signs $5bn deals at IDEX 2023
UAE defence giant Edge signs $5bn of contracts at IDEX 2023
Abu Dhabi to host major global event on the defence industry next month
Participants will discuss a number of vital topics such as AI, autonomous systems, diversity, inclusion, and emerging technologies in the industry
Serco: Bolstering its presence in Saudi Arabia to align with Vision 2030
With new headquarters to launch in Riyadh, Daniel MacGregor, corporate development director, Serco Middle East, believes Serco will be a significant player in the transformation of services in the Kingdom across the aviation, defence and giga project sectors
Video: Edge CEO says everyone was surprised by the size of Aramco attacks
Edge chief executive Faisal Al Bannai discusses the oil sector and the impact of Saudi Aramco attacks on the oil price.
Saudi Arabia begins accepting licences for military industry firms
Saudi Arabia hopes to produce 50% of its military needs domestically by 2030
Trump vetoes measure blocking arms sales to Saudi Arabia, UAE
Secretary of State Mike Pompeo had said the administration was responding to an emergency caused by Saudi Arabia’s arch-foe Iran
UK currently has 1,500 military personnel in the Middle East, says defence official
Top British defence official said it was part of normal operations and not linked to tensions with Iran
UAE submits request to buy three Boeing tanker aircraft
The Boeing KC-46A Pegasus is a military aerial refuelling aircraft
UAE’s Tawazun invests $125m in Russian armoured car maker
Tawazun Economic Council says Aurus investment made through its recently launched Defence and Security Development Fund
Saudi Arabia to slash defence spending
Military spending will go down by 12 percent to $51 billion
Sweden’s Saab sets up UAE development and production facility
Abu Dhabi facility will focus on sensor systems, as well as civil security, vehicle protection and training products
Middle East a vital market for Russia’s Rostec, says CEO
Rostec CEO Sergey Chemezov says state-owned corporation will offer regional customers the tools necessary for ‘smart’ cities