Ministry of Defence signs Dh966m in deals on second day of UAE drone show

Three deals signed on first day worth more than Dh650 million

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The UAE's Ministry of Defence signed three deals worth more than Dh966 million on the second day of the Unmanned Systems Exhibition and Conference (Umex).

The largest deal, worth Dh874.17m, was signed with International Golden Group for the purchase of a drone system. The ministry also signed a Dh46.64m contract with American Anduril Industries to complete trials related to an anti-drone system.

The third agreement, valued at Dh43.43m, was signed with France’s MBDA for the purchase of thermal flares.

The total value of deals signed on the first two days of the three-day event reached Dh1.62 billion, an increase of 159 per cent compared to the last event in 2020.

On the first day, three deals were signed worth more than Dh650 million, the bulk of it with Edge-owned Global Aerospace Logistics, which repairs and overhauls aerial vehicles.

The exhibition is held in co-operation with the Ministry of Defence and has 25 local and international exhibitors.

Among the main exhibitors is Abu Dhabi-based Edge, a conglomerate of two dozen defence companies.

The event features 15 live shows in the Tilal Swaihan area, showcasing grounded and aerial unmanned systems, AI and robotics technologies.

Updated: February 22, 2022, 4:17 PM
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