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UAE signs 4-bln-dirham arms deals.

| ABU DHABI, Feb 20 (KUNA) -- The UAE Armed Forces on Wednesday inked 17 defense contracts worth 4 billion dirhams with international and national contractors, Major General Obaid Al Ketbi, chairman of the higher organizing committee for the International Defense Exhibition and Conference (IDEX-2013) said.

The largest deal announced today was worth 1.1 billion dirhams and was signed with ADNOC Distribution, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which will manage and operate facilities and provide fuel for the UAE Armed Forces' vehicles and aircraft, Al Ketbi, also spokesman for the show, told the daily press briefing on the fourth day of the defense show at the Abu Dhabi National Exhibition Center (ADNEC).

A US dollar is equal 4.672 dirhams.

Hydra Trading, a local company, won a contract worth 390 million dirhams to supply technical support for the UAE Armed Forces' Leclerc tanks, BMP-3 armored personnel carriers, Hummers, Tatra trucks, 109mm mortars and G6 mortars Canada's PAL (Provincial Aerospace Limited) won a contract worth 181.8 million dirhams according to which it will provide and install satellite communication (SATCOM) systems on the UAE's Navy reconnaissance aircraft.

The International Golden Group (IGG), a national business, was awarded a contract worth 330.6 million dirhams to supply different military gear, while the national Al Badie Group will provide the Armed Forces with spare parts worth 34 million dirhams for tank truck carriers.

USA's Lockheed Martin Overseas won a 134.4 million dirhams deal to provide land equipment to the Armed Forces.

A contract worth 128.6 million dirhams to procure and install satellite communication (SATCOM) systems on the UAE Navy's Baynunah ships was awarded to Abu Dhabi Ship Building Company (ADSB). (end) KUNA 202252 Feb 13NNNN

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Publication:Kuwait News Agency (KUNA)
Geographic Code:7UNIT
Date:Feb 20, 2013
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