UAE deals on day four of Idex at more than Dh3.42b

US-based Raytheon wins the biggest contract of about Dh1.3b

The UAE awarded military contracts worth Dh3.42 billion to local and international companies on day four of the International Defence Exhibition (Idex 2017), organisers said.

US-based Raytheon won the biggest deal — a Dh1.3 billion contract to supply ammunition to the UAE Air Force. The company won a big contract on Tuesday, too, to supply spare parts for air defence.

The second-biggest contract went to the UAE-based company Caracal, which will supply light arms to the UAE Armed Forces for Dh409 million. Trust company won a contract of Dh300 million, which is the third-biggest deal announced yesterday.

Thirteen local companies and seven international companies bagged contracts on the fourth day including International Golden Group, Royal Jet, Rheinmetall Air Defence, French company Thales group, Al Futtaim Motors, Dassault Aviation and Burkan among others. Local company International Golden Group, which has been dominating the transactions, won a Dh46 million to develop infrastructure for IT projects.

French company Dassault Aviation will provide technical support for aircraft of the UAE Air Force and UAE Air Defence Force. The total value of the contract is Dh51 million. A contract with the UAE-based company Abu Dhabi Autonomous Systems Investments Company (Adasi) to supply thermal imaging cameras and ground control stations is valued at Dh140 million.

Dassault Aviation will provide technical support for aircraft of the UAE Air Force and UAE Air Defence Force. The total value of the contract is Dh51 million.