UAE signs $361m deal to buy eight drones as demand grows

Abu Dhabi Autonomous Systems Investments Co inks agreement; drones will be equipped with radar, day and night cameras
UAE signs $361m deal to buy eight drones as demand grows
(Image for illustrative purpose only - Getty Images)
By Staff writer
Mon 07 Mar 2016 06:18 PM

The UAE on Monday signed a deal worth AED1.327 billion ($361.2 million) with Abu Dhabi Autonomous Systems Investments Company (ADASI) for eight unmanned aerial vehicles (UAVs).

The agreement, signed on the second day of Unmanned Systems Exhibition and Conference (UMEX 2016) in Abu Dhabi was announced by Brigadier General Rashid Mohammed Al-Shamsi, chairman of Higher Organising Committee of the show.

The drones will be equipped with day and night cameras, radars and telecommunication devices, in addition to training, spare parts and maintenance, news agency WAM reported.

Earlier on Monday, it was reported that sales of drones and other UAVs in the Middle East and North Africa (MENA) are expected to rise as political instability prompts governments to hike defence budgets, experts claim.

Aerospace and defence consulting firm Teal Group said that the UAE and Saudi Arabia are likely to be the main buyers of drones in the coming years – with Saudi alone having allocated SR213.4 billion ($56.9 billion) for military and security spending, according to a report in The National.

More and more governments across the world are using UAVs both for military and commercial operations.

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