UAE Armed Forces signs $909m deals at Dubai Airshow
UAE, November 15, 2017
The UAE Armed Forces has signed eight deals worth a total of Dh3.34 billion ($909.3 million) with three local and five international companies on the third-day (November 14) of the ongoing Dubai Airshow.
The five-day event will run until tomorrow (November 16), and is being held at the DWC, Dubai Airshow Site.
Staff Pilot Air-Vice Marshal Ishaq Saleh Al Baloushi, executive director of Industries and Development of Defence Capabilities at the Ministry of Defence, and deputy chairman of the Committee of Dubai Airshow, made the announcement during a press conference, state news agency WAM said.
Al Baloushi said a contract with Raytheon Corporation was signed to buy GBU-12 and GBU-10 bomb accessories, materials and devices for Dh2.5 billion ($680.64 million).
C4 Advanced Solutions was contracted to provide communication and information technology services and logistic support for two years against Dh305.5 million ($83.17 million).
Bel Tech Exports was contracted to provide maintenance and rehabilitation services for Dh57.5 million (15.65 million).
He also highlighted the fact that a contract worth Dh165.28 million ($44.99 million) was signed with Etihad Airways to provide transport and shipment services of materials and equipment.
A contract worth Dh74 million ($20.14 million) was signed with Turkish Chemical and Mechanical Industries Corporation to purchase MK-82 and MK-84 bombs.
Swiss Rheinmetall Air Defence AG was signed up to buy 35 m. calibre artillery ammunition for air defence for Dh2.67 million ($726,926).
Al Baloushi added that IOMAX, a US entity, was contracted to provide and rehabilitate maintenance services of Air Tractor planes against Dh41.32 million ($11.24 million). Also signed in was local CAE Inc. to set up a training centre for systems for Dh157 million ($42.74 million).