A total of 1,235 companies including Boeing, Lockheed Martin, Northrop Grumman, Raytheon and Russia’s Rostec are taking part in the five-day defence expo. Satish Kumar / The National

Section: Business
A total of 1,235 companies including Boeing, Lockheed Martin, Northrop Grumman, Raytheon and Russia’s Rostec are taking part in the five-day defence expo. Satish Kumar / The National Section: BusinesShow more

Idex 2017: Deals total Dh4.07 billion on another bumper day



The UAE Armed Forces awarded 31 deals worth Dh4.07 billion on day three of Idex, with the biggest contract going to Raytheon.

The US defence firm won a Dh828.3 million contract to supply the UAE Air Force and UAE Air Defence Force with an air defence system and spare parts, said Brigadier General Rashid Al Shamsi, the official spokesman for Idex.

UAE-based Abu Dhabi Autonomous Systems Investments Company won a Dh377m contract to offer Integrated Logistics Support for aircraft.

Palms Sports, another UAE-based company, clinched a Dh365.3m deal to provide specialised jiu-jitsu and combat training instructors.

Bayanat, a unit of Abu Dhabi-owned Emirates Defence Industries Company, won a Dh277m contract for software licences and the production of spatial information.

Tuesday’s deals bring the total for the first three days of the five-day biennial expo to Dh15.41bn.

More than Dh18.3bn worth of deals were struck at the 2015 event.

A total of 1,235 companies including Boeing, Lockheed Martin, Northrop Grumman, Raytheon and Russia’s Rostec are taking part in the five-day defence expo, a 3 per cent increase on 2015.

More than 100,000 visitors are expected to descend on the Abu Dhabi National Exhibition Centre (Adnec), with the size of the event having expanded by 5 per cent to more than 53,500 square metres.

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■ Photo gallery: Idex 2017 in Abu Dhabi, day three

AK-47 rifle maker Kalashnikov has UAE factory in its sights

■ Photo gallery: Sights from the second day at Idex 2017

UAE and Russia to develop fighter jet

UAE Armed Forces awards deals valued at Dh6.91 billion

Thales set to sign deal with UAE Armed Forces this week

US military defence technology firm Harris lands UAE Armed Forces contract

Photo gallery: Idex 2017 opens in Abu Dhabi

Dh4.41bn worth of arms deals struck on day one of defence show

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dalsaadi@thenational.ae

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