United Arab Armed forces announced on Tuesday 5.9 billion dirhams ($1.61 billion) in defense equipment and services contracts signed with local and international companies.
For the latest headlines, follow our Google News channel online or via the app.
The single largest contract was a 2.96 billion dirham deal with UAE’s Yas Holding to supply the armed forces with missiles, said spokesman Naval Staff Colonel Fahed Nasser al-Thehli at Abu Dhabi’s IDEX defense exhibition.
Boeing was awarded a 112 million dirham contract for a C-17 transport aircraft simulator. A 66.4 million dirham contract was signed with France’s Thales and a 40.7 million dirham deal with Germany’s Rheinmettal was also announced.
Read more:
Saudi Arabian defense firm SAMI aims for $5 bln annual revenue by 2030
UAE weapons show draws major deals and traders amid pandemic
US will continue to dissuade countries from selling arms to Iran
Also Read
-
Saudi Arabian defense firm SAMI aims for $5 bln annual revenue by 2030
State-owned Saudi Arabian Military Industries (SAMI) aims to generate annual revenue of $5 billion by 2030, its chief executive said on Monday, part ... Business -
UAE weapons show draws major deals and traders amid pandemic
In spite of the surging coronavirus pandemic, major arms makers descended Sunday on a convention center in Abu Dhabi, the capital of the United Arab ... Gulf -
US will continue to dissuade countries from selling arms to Iran
The United States will continue to persuade countries not to provide arms to Iran after it decided to reverse the Trump administration’s stance that ... Middle East
