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$264.4m MoD deals signed on 1st day of UMEX & SimTEX

ABU DHABI, January 23, 2024

Tawazun Council, the UAE defence and security acquisitions authority for the Ministry of Defence (MoD), has announced signing of five deals with local and international companies worth AED971 million ($264.4 million). 
 
The announcement was made during a press conference held at the end of the first day of the sixth edition of the Unmanned Systems Exhibition (UMEX) and the Simulation and Training Exhibition (SimTEX) 2024, in the presence of Zayed Saeed Al Meraikhi and Majed Ahmed Al Jaberi, the official spokespersons of Tawazun Council, Saeed bin Khadim Al Mansouri, Advisor, Defence Exhibitions at the Abu Dhabi National Exhibitions Centre (Adnec), high-level official delegations, along with local and international media representatives.
 
Deals with local companies
The overall value of deals signed with 3 local companies on the first day of UMEX & SimTEX 2024 came to AED899 million, while 2 contracts were signed with international companies, totalling AED72 million.
 
Zayed Saeed Al Meraikhi announced that the local contracts signed by Tawazun Council on behalf of the Ministry of Defence, included a contract with Resource Industries to procure Anti-drone guns valued at AED10 million, and a contract with International Golden Group to purchase UAV systems & providing following support services and Training for 5 years for AED874 million.
 
Another contract signed with Star Satellite Communications Company (YAHSAT) to provide communications bands, totalling at AED16 million. 
 
International contracts
Majed Ahmed Al Jaberi announced the international contracts signed on the first day. They included a contract with the Canadian company Canadian Aviation Electronics (CAE) for Service providing to support simulators for training center at the value of AED49 million, and a contract with the Chinese company CETC International Co, Ltd (CATIC) to purchase Systems against Drones at a value of AED23 million. 
 
Al Meraikhi noted that both UMEX & SimTEX 2024 showcase the UAE's global leadership in unmanned systems, simulation, and training.  He affirmed Tawazun Council's commitment to fostering collaboration among major defense industry players, locally and globally, to advance and keep current with the rapid technological developments in this domain.--TradeArabia News Service
 



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