UAE signs defence contracts valued AED 4 billion

IDEXUAE has signed a defence contracts worth AED 4 billion. It has signed this contract at the International Defence Conference and Exhibition (IDEX 2011) which is now at its 10th edition. The Spokes person of IDEX, Major General Obaid Al Ketbi has informed about this fact today.

He has also announced that Abu Dhabi Aircraft Technologies Company has won the contract valued at AED 993.5 million. It has received the contract for arming and upgrading 23 Black Hawk UH 60 M.

Apart for those, two other contracts were also in pipeline along with AED 853.6 million which were given to local Emirates Response Service and Britain's AssetCo. These two firms will deliver firefighting and manpower services, fire engines and fitting and maintenance of facilities as per the deal.

Local Maximus has received a contract which is of worth AED 551 million to deliver the air freight services to the UAE Armed Forces.

Abu Dhabi Aviation Company has also won a contract to acquire VIP AW130 aircrafts. The value of the contract is AED 336.7 million.