Dubai Airshow: More than $ 5 billion in UAE defense deals in 3 days

The total deals concluded by the UAE Ministry of Defense amounted to more than $ 5 billion, and this took place alongside the Dubai Air Show 2021, one of the most prominent aviation exhibitions in the world.

Read more

On the third day of the Dubai Airshow 2021, the UAE Ministry of Defense announced the conclusion of 6 agreements worth 4.257 billion dirhams (about $ 1.16 billion) with local and international airlines, bringing the total agreements concluded during the first three days to 16 agreements. with a total value of 20,781 billion dirhams (about 5.67). Billion dollars).

The deals on the first day amounted to 5.239 billion dirhams, and the deals on the second day 11.284 billion dirhams.

This came in the presence of Major General Staff Pilot Ishaq Saleh Al Balushi, Executive Director of the Military Organizing Committee of the exhibition, and Lieutenant Colonel Pilot Sarah Hamad Al Hajari, the official spokesperson of the Dubai Air Show.

In the first agreement, a contract was made with the American company LOCKHEED MARTIN GLOBAL INC to provide technical assistance services and provide spare parts for the air force and air defense command systems, worth 624 million and 410 thousand dirhams.The common value. of 3 billion and 436 million and 145 thousand and 600 dirhams.

A third agreement was also concluded with the French company THALES to provide technical support and repair services for the communication system worth 28 million and 210 thousand dirhams, while a fourth agreement was concluded with the French company THALES to provide maintenance services and technical support for the Air Force. and air defense systems worth 42 million and 834 thousand dirhams.

The fifth agreement was signed with the Italian company AGUSTA WESTLAND AVIATION SERVICES to provide technical support services for VIP aircraft, worth 90 million dirhams, while the sixth and final agreement was signed with the Swiss company RHEINMETALL AIR DEFENSE AG to provide technical support. , repair and maintenance services to the Air Force Command and Air Defense, worth 35 million and 802 thousand. dirhams.

Al Balushi began the press conference to announce the agreements reached between the UAE Ministry of Defense and defense companies specialized in the field of aviation, welcoming all media representatives and all those present.

He pointed out that the exhibition in this year’s edition plays a pivotal role in reaching common sectors in the aviation, space and defense sectors at the global level as it is a platform that brings together leaders and experts around the world for new partnerships and paves the way a path for the recovery and future growth of the sector.

He explained that the agreements reached in the past three days of the exhibition are different from each other because day-to-day contracts are made with many local and international companies.

For his part, Lieutenant Colonel Pilot Sarah Al-Hajri pointed out that the Dubai Air Show, in its last session in 2019, had a total value of 18 billion dirhams completed, while the exhibition in its 2021 edition surpassed twenty billion dirhams in its third . only one day. Agreements are expected to be concluded Various local and international during the rest of the exhibition days.

(Dollar = 3.67 United Arab Emirates dirhams)

Source: wam

Leave a Comment