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UMEX and SimTEX 2024: UAE military announce $798m spending

UAE’s Tawazun Council announces spending of $798m at UMEX and SimTEX 2024

uae UMEX
UAE’s Tawazun Council announces spending of $798m at UMEX and SimTEX 2024

The UAE’s defence and security acquisitions authority, the Tawazun Council, has announced spending of AED2.932 ($798m) at the sixth edition of UMEX and SimTEX 2024.

In total there were 18 deals signed on behalf of the Ministry of Defence during the course of the event.

On the third and final day the Tawazun Council announced eight contracts with local and international companies, accounting for a total value of AED1.022bn ($278.3m).

UAE military spending

Meanwhile, the first day witnessed five deals, worth AED971m ($264.4m), and the second day recorded five deals valued at AED939m ($256m).

This was announced during the concluding press conference held on the final day of the “UMEX and SimTEX 2024”, in the presence of Majed Ahmed Al Jaberi, the official spokesperson of Tawazun Council and Mona Ahmed Al Jaber, Chief of Corporate Communication at Tawazun Council, senior officials and representatives of local and intentional media.

Majed Ahmed Al Jaberi said the number of local contracts signed on the last day of UMEX and SimTEX 2024 reached five contracts, valued at AED859m ($234m).

  • The first contract, worth AED509m, was awarded to Edge Group, to procure infrastructure defence systems
  • The second contract, worth AED17m, was signed with Zen Technologies Limited, to procure training simulators support package
  • The third contract was for Star Satellite Communications Company- YAHSAT company, totalling AED152m, to provide maintenance and operational services on ground communication centres
  • Another contract signed with BAYANAT to develop artificial intelligence programming for AED100m
  • There was also a contract worth AED81m with SATELLITE ‎IMAGING ‎TECHNOLOGIES to provide communication bands

Al Jaberi stated that there were three international deals, AED163m ($44.4m).

The biggest contract was awarded to the French company EXAIL ROBOTICS SAS and was valued at AED110m to procure underwater sonar systems.

The second biggest contract was awarded to the American company HAWKEYE360 and valued at AED51m to provide communications.

Another contract was signed with the American Company DigitalGlobe to provide Antenna Maintenance Services, totalling AED2m.

Al Jaberi reiterated Tawazun Council’s commitment to boosting UAE defence industries through global best practices in acquisition, procurement, and strategic partnerships.

These efforts align with the UAE’s vision for business development, empowering industries, and leading innovations in the defence sector.

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