UAE defence firm is emerging as a global powerhouse with more than $2bnin international orders
defence manufacturing
Makeen and Rolls Royce signs MoU for high-speed engine manufacturing in Saudi Arabia
The partnership also aims to provide local lifetime product support
UAE, Saudi military firms ink deal to build armoured vehicles
Saudi Arabian Military Industries signs agreement with NIMR, a UAE-based manufacturer of combat-proven military vehicles
UAE defence giant signs Ukraine deal that could lead to $1bn investments
Edge announces agreement with Ukrainian state-owned defence conglomerate UkrOboronProm and arms trading firm Ukrspecexport
Video: Why the World Defense Show was so important for Saudi Arabia
With global defense spending hitting $1.9 trillion in 2019, marking a 3.6% increase over the previous year’s figures, the World Defense Show is set to bring together the biggest defense players in the industry to discuss the challenges facing defense industry decision makers.
Lockheed Martin gets first payment for Saudi missile $110bn deal
US defence company Lockheed Martin was paid $946m as an initial payment for the kingdom’s purchase of 44 THAAD launchers, missiles and other required equipment
Saudi Arabia’s SAMI to generate $10bn in revenue in 5 years
Saudi Arabian Military Industries CEO Andreas Schwer said that exports will account for 30 percent of total revenue by 2030
Abu Dhabi’s Calidus reports progress on fighting vehicle and light attack aircraft
The firm is developing its Wahash infantry fighting vehicle (IFV) and B-250 light attack aircraft, the first of its kind to be manufactured in the UAE
Mubadala, Saudi Military Industries Company to partner on aero manufacturing
SAMI CEO Dr Andreas Schwer said that the partnership will help support the Saudi governments efforts to localise at least 50% of the kingdom’s military spending