CONTRACTS [IDEX17D3]

21 February 2017

Among deals announced by the UAE GHQ was an order for a third GlobalEye swing-role surveillance system aircraft from Saab, for a total of nearly AED866 million ($235 million).

An AED2.6 billion ($707 million) deal with Rosoboronexport was also announced, for the supply of 5,000 anti-armour missiles, and training.

In an AED1.8 billion ($490 million) deal, UAE company Maximus Air has been contracted to buy cargo aircraft for commercial use. US company Raytheon is to provide missiles in an AED611.7 million ($166.5 million) contract.

Thales Underwater System SAS is to supply AED85.2 million ($23.2 million) of sonars and Tawazun Operation armour mechanisms worth AED2.4 billion ($653 million).

This brings the total contracts announced to date to 31, worth AED11.335 billion ($3.1 billion).

NIMR and VOP CZ partnership

The receiver was a Northrop F-5 NIMR Automotive and VOP CZ have signed a strategic collaboration agreement for the marketing, distribution, production and after-sale support of the complete range of NIMR armoured vehicles to the Visegrád 4 countries – the Czech Republic, Hungary, Poland and Slovakia.

Dr Fahad Saif Harhara, chief executive of NIMR Automotive, said: “This partnership will greatly enhance the company’s growth opportunities in the European market, where defence spending is set to rise to support urgent requirements.”

Commenting on the partnership deal, the first with a Middle East manufacturer, VOP CZ managing director Marek Špok said: “Thanks to this agreement, VOP CZ has acquired the opportunity to offer and manufacture NIMR vehicles in eastern and central Europe. The agreement and location of our manufacturing facility in the Czech Republic will increase the potential of both companies to sell and market these vehicles.

We are also jointly preparing their modification for use under local climatic conditions, including very cold regions.”

Multiple deals for IGG

International Golden Group (IGG) has confirmed agreements with several international companies.

South Africa’s Rheinmetall Denel Munition is to supply products including artillery shells and mines, and ammunition of various calibres, to the UAE.

Safran Electronics & Defence signed a Memorandum of Understanding with IGG to provide state-of-the-art navigation systems that can be installed on military vehicles and automobiles.

IGG also struck a deal with the US weapon systems manufacturer Profense, to promote its defence systems such as high-speed machine guns that have the capacity to fire 3,000 rounds/ minute.

IGG will co-operate with Pt. Pal Indonesia, an industrial shipyard based in East Java, to promote its products within the UAE.



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