Sign Dh3.3 billion deals on day 3 of Dubai Airshow
DUBAI 15 November 2017: The UAE Armed Forces has announced their intention to contract with Dassault Aviation and Thales to upgrade their Mirage 2000-9 aircraft.
This was announced by Major-General Staff Pilot Ishaq Saleh Al Balushi, Head of the Executive Directorate of Industries and Development of Defence Capabilities, at the Ministry of Defence, and Deputy Chairman of the Higher Organising Committee of Idex 2017, on the sidelines of the Dubai Air Show 2017.
Al Balushi said that the upgrade comes within the framework of the UAE leadership’s instructions to to support and promote the comprehensive development processes witnessed by the Armed Forces in various branches and in line with requirements, said Wam.
Al Baloushi announced eight deals worth Dh3.34 billion on day three of Dubai Airshow with three local and five international companies.
Al Baloushi said a contract with Raytheon Corporation was signed to buy GBU-12 and GBU-10 bomb accessories, materials and devices for Dh2.5 billion. C4 Advanced Solutions was contracted to provide communication and information technology services and logistic support for two years against Dh305.5 million. Bel Tech Exports was contracted to provide maintenance and rehabilitation services for Dh57.5 million.
He also highlighted the fact that a contract worth Dh165.28 million was signed with Etihad Airways to provide transport and shipment services of materials and equipment. A contract worth Dh74 million was signed with Turkish Chemical and Mechanical Industries Corporation to purchase MK-82 and MK-84 bombs.
Swiss Rheinmetall Air Defence AG was signed up to buy 35 m. calibre artillery ammunition for air defence for Dh2.67 million.
Al Baloushi added that Iomax, a US entity, was contracted to provide and rehabilitate maintenance services of Air Tractor planes against Dh41.32 million. Also signed in was local CAE Inc. to set up a training centre for systems for Dh157 million.
The first two days saw 11 deals worth Dh6.5 billion and eight deals worth Dh3.27 billion respectively, thus bringing the total value of transactions of the first three days to above Dh13.13 billion.