New UAE defense contracts value USD 270M on the first day of UMEX & SimTEX 2024

United Arab Emirates has announced signing of 5 deals related to defense with local and international companies with total value AED 971 million (approximately USD 270M).

The announcement was made during a press conference held at the end of the first day of the sixth edition of the Unmanned Systems Exhibition (UMEX) and the Simulation and Training Exhibition (SimTEX) 2024.

Press conference were attended by Zayed Saeed Al Meraikhi and Majed Ahmed Al Jaberi, the official spokespersons of Tawazun Council, the defense and security acquisitions authority, Saeed bin Khadim Al Mansouri, Advisor, Defense Exhibitions at the Abu Dhabi National Exhibitions Center (ADNEC), high-level official delegations, along with local and international media representatives were present at the ceremony.

The overall value of deals signed with 3 local companies on the first day of UMEX & SimTEX 2024 amounted to AED 899 million, while 2 contracts were signed with international companies, totaling AED 72 million.

Zayed Saeed Al Meraikhi announced that the local contracts signed by Tawazun Council on behalf of the Ministry of Defense, included a contract with “Resource Industries” to procure Anti-drone guns valued at AED 10 million, and a contract with “International Golden Group” to purchase UAV systems & providing following support services and Training for 5 year for AED 874 million.

Another contract signed with “Star Satellite Communications Company” (YAHSAT) to provide communications bands, totaling at AED 16 million.

Majed Ahmed Al Jaberi announced the international contracts signed on the first day of UMEX & SimTEX 2024. They included a contract with the Canadian company “Canadian Aviation Electronics” (CAE) for Service providing to support simulators for training center at the value of AED 49 million, and a contract with the Chinese company CETC INTERNATIONAL CO., LTD (CATIC) to purchase Systems against Drones at a value of AED 23 million.

Al Meraikhi noted that both "UMEX & SimTEX 2024" showcase the UAE's global leadership in unmanned systems, simulation, and training.

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