Monday 17 June 2024
 
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LEVERAGING STRENGTHS

Officials after signing the agreement

Edge and Adani Defence & Aerospace sign agreement

ABU DHABI, 6 days ago

Edge, one of the world’s leading advanced technology and defence groups, has signed a milestone cooperation agreement with Adani Defence & Aerospace, one of the leading defence and aerospace companies of India.
 
The agreement aims to establish a global platform leveraging the defence and aerospace capabilities of both companies to bring together their respective product portfolios and cater to the requirements of global and local customers. 
 
This includes evaluating cooperation across Edge’s and Adani’s core product domains, including missiles & weapons covering airborne, surface, infantry, ammunition, and air defence products, platforms & systems covering unmanned aerial systems (UAS), loitering munitions, counter drone systems, unmanned ground vehicles (UGV), as well as electronic warfare (EW) and cyber technologies.
 
R&D facilities in India
The agreement will explore the establishment of R&D facilities in India and the UAE; the setting up of development, production and maintenance facilities of defence and aerospace solutions to not just serve the two captive markets, but also Southeast Asian and wider global markets.
 
Hamad Al Marar, Managing Director and Chief Executive Officer, Edge Group, said: "Our agreement with Adani Defence & Aerospace, represents a significant milestone, strengthening our ties within India’s defence industry, and underscoring our mutual commitment to advancing UAE-India military ties. 
 
“This agreement reflects our dedication to bringing our customers the most advanced and sophisticated products to the market, while taking advantage of the global export potential including critical UAE-grown technology. We are keen to setup the joint platform between Adani Defence and Edge to pioneer new technologies and set new standards in advanced military equipment and defence sector.”
 
New era
Ashish Rajvanshi, Chief Executive Officer, Adani Defence & Aerospace, remarked: “Our collaboration marks the beginning of a new era in enhancing defence capabilities, emphasising our commitment to advance technological prowess and promoting bilateral defence cooperation between India and the UAE. It is a reflection of our shared vision to fortify our nation’s capabilities by not just delivering cutting-edge solutions for the two countries but also setting new benchmarks in the global defence landscape.”
 
The agreement with Adani Defence & Aerospace reinforces Edge's commitment to India’s defence industry, a market of strategic importance for the group.--TradeArabia News Service  
 



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