https://www.traditionrolex.com/32 https://www.traditionrolex.com/32 Total Deals At IDEX And NAVDEX 2025 Reach AED 23.72 Billion In Four Days - Middle East Events.
Click here to visit Cyber Gear
Friday, February 21, 2025

Total Deals At IDEX And NAVDEX 2025 Reach AED 23.72 Billion In Four Days

Tawazun Council, the authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defense and security agencies, announced the signing of 12 new deals worth AED 3.77 billion with local and international companies on the fourth day of IDEX and NAVDEX 2025. This brings the total value of contracts signed over the four days of the exhibition to 40 deals, amounting to AED 23.72 billion.

The announcement was made during a press conference attended by Tawazun Council's official spokespersons: Majed Ahmed Al Jaberi, Mohammed Saif Al Zaabi, and Mahra Bilal Al Dhaheri. The exhibitions are held under the patronage of UAE President His Highness Sheikh Mohammed bin Zayed Al Nahyan and are organized by ADNEC Group in collaboration with the Ministry of Defense and Tawazun Council.

Mahra Bilal Al Dhaheri revealed that the total value of 7 local contracts on the fourth day of the event reached AED 1.25 billion. These deals included a contract with" International Golden Group" for ammunition supply worth AED 488 million, an agreement with "AM Industries" to procure Shooting range targets valued at AED 4.54 million, and a deal with "Bayanat" for the implementation and development of the (Tarjama) program for AED 6 million.

Additional local contracts included an agreement with "Emirates Motor Company" for maintenance, repair, and spare parts supply services worth AED 10 million, an AED 22.5 million contract with "Itqan AL Khaleej Computers" for technical support services, and an AED 233 million deal with "National Factory for Safety and Security Products" for the supply of military footwear. The final local contract of the day was awarded to "Trust" for the purchase of Fire support system valued at AED 487.7 million.

Mohammed Saif Al Zaabi highlighted that the 5 international contracts for the fourth day totaled AED 2.51 billion. These included an AED 219.1 million agreement with "Leonardo" (Italy) for the procurement of Agusta AW-139 helicopters, an AED 10.8 million deal with "Rohde & Schwarz" (Germany) for the acquisition of radio reconnaissance systems, and an AED 766 million contract with "Nexter" (France) for the supply of spare parts, repair, and technical support for Leclerc tanks.

A deal was also signed with the Swedish company " SAAB "to provide maintenance services for G6000 SRSS early warning aircraft, worth AED 753 million.

Additionally, a contract was made with the American company "Lockheed Martin" for technical support services and the supply of spare parts for Black Hawk helicopters, valued at AED 764.6 million.

Majid Ahmed Al Jaberi reaffirmed Tawazun Council's commitment to maintaining the highest quality standards in the defense industry and prioritizing strategic acquisitions. He emphasized the Council's role in securing cutting-edge defense solutions and implementing best global procurement practices, ensuring the UAE's defense sector remains globally competitive and future-oriented.

Previous



MiddleEastEvents.com is owned and managed by Cyber Gear



https://www.traditionrolex.com/32