IDEX 2015

Bumper orders announced [IDX15D2]

24 February 2015

Yesterday, on the first day of the IDEX exhibition, the UAE Armed Forces General Headquarters announced 19 orders that the UAE is placing or has placed with a range of contractors, from both home and overseas.

The total value of those orders is AED9.84 billion (US$2.68bn) – the largest daily total of orders announced at any IDEX show. More orders are expected to be announced over the following days at the daily GHQ press conferences.

By value, the biggest contract concerned the award to Airbus Defence and Space and Thales Alenia of an AED3.745 billion deal to provide the UAE with two satellites and associated ground control stations. The satellites are for military use, and will have both communications and imaging roles.

In terms of local companies, Al Taif Technical Services, a Mubadala/ EDIC company, was awarded an AED2.4 billion contract to provide technical services for vehicles operated by the UAE ground forces.

Another EDIC member, Nimr Automotive from Tawazun, received an order for 500 vehicles, plus a further order for the development of 500 more, with a combined value of AED1.2 billion.

Among other orders was a contract with ADASI for a UAV system worth AED490 million, one with ADSB for two vessels worth AED870 million, and an AED18.5 million contract for Al Fattan Ship Industry to supply eight fast boats.

AMMROC was awarded an AED200 million contract for repairs and spares for the UAE’s Joint Aviation Command, while Abu Dhabi Airports was also awarded an aircraft technical support contract, worth AED70 million. The International Golden Group was awarded a contract worth AED52 million for the supply of mortars, and Al Jaber received an AED83 million contract for spares and parts.

(282 words)