EDGE, one of the world's leading advanced technology and defence groups, announced an AED4.1 billion ($1.116 billion) contract on Wednesday, for the supply of aircraft munitions, at Dubai Air Show (DAS) 2023.
EDGE entity Lahab Defence Systems, the UAE’s sole munitions manufacturer, was awarded the contract which includes the production and delivery of the MK 81, MK 82, MK 83, and MK 84 general-purpose aircraft munitions.
Hamad Al Marar, President of the Missiles & Weapons cluster within EDGE, said: “This contract strengthens the confidence of the Ministry of Defence in Lahab Defence Systems and reflects our ambitions to develop capabilities that meet future needs in the long term. We look forward to continuing to provide support and strengthening our commitment to the Ministry of Defence.”
The munitions will be produced at Lahab facilities, directly contributing to the UAE government’s ‘Make it in the Emirates’ initiative and 'Operation 300bn', a national industrial strategy aimed at raising the manufacturing sector’s GDP contribution to AED300 billion over the next nine years.
New order for Adasi
In another deal, EDGE entity, Adasi, the regional leader in autonomous systems and services, signed an AED487 million contract to supply RASH 2M and RASH 2H guidance kits for mortars and other in-house designed payloads to the UAE Ministry of Defence.
The high-precision guided munition systems used across a wide range of military applications.
Juma Al Kaabi, CEO, Adasi said: “At Adasi, we are continuously strengthening our foundations and building in-house capabilities to deliver advanced products and solutions, through which we aim to empower defence forces, protect lives, and safeguard national interests. This agreement further expands our alliance with the Ministry of Defence, and underscores our drive to leverage advanced technologies to enable a more secure future.”
Designed and developed by a specialised team of Adasi engineers, the RASH 2M and RASH 2H are distinguished by their lightweight design and exceptional precision in target engagement. - TradeArabia News Service