January 26, 2024
2 mins read

Curtains down on largest edition of UMEX and SimTEX

The total deals signed on behalf of the Ministry of Defence on the third and last day reached 8 contracts with local and international companies…reports Asian Lite News

The sixth edition of UMEX SimTEX 2024 concluded with the announcement of 18 deals totaling AED2.932 billion by Tawazun Council, the UAE’s defence and security acquisitions authority for the Ministry of Defence.

The total deals signed on behalf of the Ministry of Defence on the third and last day reached 8 contracts with local and international companies, accounting for a total value of AED 1.022 billion.

Meanwhile, the first day witnessed 5 deals worth AED 971 million, and the second day recorded 5 deals valued at AED 939 million.

This was announced during the concluding press conference held on the final day of the “UMEX and SimTEX 2024”, in the presence of Majed Ahmed Al Jaberi, the official spokesperson of Tawazun Council and Mona Ahmed Al Jaber, Chief of Corporate Communication at Tawazun Council, senior officials and representatives of local and intentional media.

Majed Ahmed Al Jaberi said the number of local contracts signed on the last day of “UMEX and SimTEX 2024” reached 5 contracts, valued at AED 859 million. The first contract, worth AED 509 million, was awarded to “Edge Group”, to procure infrastructure defence systems. The second contract worth AED17 million was signed with “Zen Technologies Limited”, to procure training simulators support package, and the third contract was for “Star Satellite Communications Company- YAHSAT” company totaling AED 152 million to provide maintenance and operational services on ground communication centres.

Another contract signed with “BAYANAT” to develop artificial intelligence programing for AED100 million, and an AED 81 million contract with “SATELLITE ‎IMAGING ‎TECHNOLOGIES” to provide communication bands.

Al Jaberi stated that the total international deals reached 3 valued at AED 163 million. The biggest contract was awarded to the French company “EXAIL ROBOTICS SAS” valued at AED 110 million to procure underwater sonar systems, while the second biggest contract was awarded to the American company” HAWKEYE360” valued at AED 51 million to provide Communication Subscription. Another contract was signed with the American Company “DigitalGlobe” to provide Antenna Maintenance Services totaling AED 2 million.

At the press conference conclusion, Al Jaberi reiterated Tawazun Council’s commitment to boosting defence industries through global best practices in acquisition, procurement, and strategic partnerships. These efforts align with the UAE’s vision for business development, empowering industries, and leading innovations in the defence sector.

ALSO READ: DBWC, Oracle to Empower UAE Women With AI Skills

Previous Story

UAE tops regional green bond league tables

Next Story

UAE reaffirms commitment to sustainable future

Latest from -Top News

Pakistan in the Dark: Power Crisis Boils Over

Regular power outages are a fact of life in Pakistan, but recent developments suggest that the situation is escalating to new extremes….writes Nasir Khattak In early January 2025, a nerve-breaking power outage

IBPC Dubai charts new growth path

Former Tata Motors CEO Ravi Kant headlines exclusive event as Indian business council sets course for transformation….reports Asian Lite News The Indian Business & Professional Council (IBPC) Dubai has signalled a significant

Miles in the Malls!

Dubai Mallathon kicks off today – The emirate’s biggest malls transform into indoor fitness arenas, inviting residents to walk, run, and win — all while staying cool, healthy, and community-connected….reports Asian Lite

Famine grips Gaza, WHO warns

WHO said Gaza’s population is facing acute food insecurity under the Integrated Food Security Phase Classification…reports Asian Lite News The World Health Organisation (WHO) has issued its starkest warning yet about the

Lifeline from UAE to Gaza

UAE’s Operation Chivalrous Knight 3 sustains Gaza’s collapsing health system with hospitals, treatment, aid, and vaccines, offering vital relief to thousands amid deepening crisis….reports Asian Lite News The United Arab Emirates has
Go toTop

Don't Miss

Metadata Hosts Seminar in Dubai to Showcase Latest Microsoft Technology, Property-XRM

Dubai-headquartered Metadata Technologies organises a seminar at Marriott, Dubai, with

UAE offers one-year residency visa to Ukrainians

The Ukrainian citizens can apply for one-year residency visa under