November 17, 2021
2 mins read

Armed forces sign Dh20bn deals

On the third day of the Dubai Airshow 2021, the Ministry of Defence announced the conclusion of 6 deals worth AED 4,257,401,000.00 with local and international companies…reports Asian Lite News

This brings the total deals concluded during the first three days to 16 deals, with a total value of AED 20, 781,446,000.00. The deals of the first day amounted to AED 5,239,207,000.00, and the deals of the second day amounted to AED 11,284,837,000.00 This was announced in the presence of Major General Staff Pilot Ishaq Saleh Al Balushi, Executive Director of the Military Organising Committee of the Dubai Airshow 2021 and Lt. Col. Pilot Sarah Hamad Al-Hajari, official spokesman for the Dubai International Airshow 2021.

Armed forces sign Dh20bn deals

The first deal was contracted with the American company, LOCKHEED MARTIN GLOBAL INC, to provide technical support services and spare parts for the air force and air defense command systems, at a value of AED 624,410,000.00. The second deal was contracted with GLOBAL AEROSPACE LOGISTICS LLC to provide maintenance services for the joint air command at a value of 3,436,145,600.00.

A third deal was also concluded with the French company THALES to provide technical support and repair services for the communication system worth 28,210,000.00, while a fourth deal was concluded also with the French company THALES to provide maintenance services and technical support for the air force and air defense systems at a value of 42,834,000.00.

The fifth deal was signed with the Italian company AGUSTA WESTLAND AVIATION SERVICES to provide technical support services for VIP aircraft, with a value of 90,000,000.00, while the sixth and final deal was signed with the Swiss company RHEINMETALL AIR DEFENCE AG to provide technical support, repair and maintenance services to the Air Force and Air Defence Command, at a value of 35,802,000.00.

Al Balushi began the press conference for announcing the deals concluded between the Ministry of Defence and defence companies specialised in the field of aviation, by welcoming all media representatives and all attendees.

He pointed out that the exhibition in this year’s edition plays a pivotal role in achieving commonalities in the aviation, aerospace and defense sectors at the global level, as it is a platform that has brought together leaders and experts from around the world for new partnerships, and paves the way for the sector’s recovery and future growth.

ALSO READ: Dubai Airshow Sees Dh200 Billion Deals in Two Days

He explained that the deals held in the past three days of the exhibition are different from each other because daily contracts are signed with multiple local and international countries for partners from outside the United Arab Emirates.

Lt-Colonel Pilot Sarah Al-Hajari pointed out that the deals concluded in the 2019 edition of Dubai Airshow were worth a total value of AED 18 billion, while those of the 2021 edition exceeded twenty billion dirhams on its third day only. It is expected that a variety of local and international deals will be concluded during the remaining days of the airshow.

Previous Story

Despite pandemic M-E defence spending stayed consistent: Lockheed Martin

Next Story

UAE-Russia non-oil trade records 80% growth

Latest from -Top News

WUC Intensifies Global Call for Uyghur Justice

WUC delegation undertook a week-long advocacy tour in Germany, where it met with Turkish NGOs and community leaders….reports Asian Lite News The World Uyghur Congress (WUC) has published its monthly brief, strengthening

India Urges Bangladesh to Act on Minority Attacks

MEA spokesperson Randhir Jaiswal urged the Yunus government to probe extremist attacks on minorities….reports Asian Lite News India on Friday criticised recent comments by Bangladesh’s Home Advisor Jahangir Alam Chowdhury, asserting that

Jaffar Express Targeted Yet Again

blast happened at a distance of one kilometre from the Sultan Kot railway station….reports Asian Lite News At least seven injured as blast hits Quetta-bound Jaffar Express in Sindh’s Shikarpur district. Shikarpur

India to Join G20 Energy Talks in South Africa

The meeting is being hosted under South Africa’s G20 Presidency in the country’s KwaZulu Natal province…reports Asian Lite News Union Power Minister Manohar Lal will represent India at the G20 Energy Transitions
Go toTop

Don't Miss

‘UAE shines as cultural beacon’

Sheikh Nahyan bin Mubarak praises Mohammed bin Rashid Library as

Sharjah Bans NY Fireworks in Gaza Solidarity

Sharjah Police said the reflects genuine solidarity and humanitarian cooperation