Dubai PR Network, Online Press Release from Dubai and Middle East
 
Local News and Government
Filter PR by
  
Record AED 9.77 Billion in Contracts Signed Over Two Days at IDEX and NAVDEX 2025

Abu Dhabi, February 18, 2025 – Tawazun Council - the government authority responsible for managing acquisitions, procurement, and contracts on behalf of the Ministry of Defense and security agencies - announced the signing of 5 deals worth a total of AED 5.8 billion with local and international companies on the second day of IDEX and NAVDEX 2025.

With these agreements, the total value of contracts signed during the first two days of the exhibitions has reached AED 9.77 billion across 18 deals.

The announcement was made during a press conference attended by Majed Ahmed Al Jaberi, Mohammed Saif Al Zaabi, and Mahra Bilal Al Dhaheri, the official spokespersons for Tawazun Council.

The press briefing detailed the council’s contracts for the Ministry of Defense at IDEX and NAVDEX 2025, held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, and organized by ADNEC Group in collaboration with the Ministry of Defense and Tawazun Council.

Mahra Bilal Al Dhaheri stated that the second day’s local deals amounted to three contracts worth AED 5.57 billion. These included a contract with “Calidus Aerospace” to Procure HEDA Missile System (Phase 1) worth AED 3.76 billion, a contract with “International Golden Group” for the procurement of ammunition worth AED 492 million, and an agreement with “DTEC Industries Limited” to purchase 50 meter marine traffic boats worth AED 1.38 billion.

Meanwhile, Mohammed Saif Al Zaabi announced that international contracts for the second day of IDEX and NAVDEX 2025 amounted to two deals worth AED 213 million. These included an agreement with the French company “MBDA” to provide spare parts, maintenance, repairs, and technical support for naval equipment, valued at AED 32 million. Additionally, a contract was signed with “Augusta Westland Aviation Services “of Italy to provide technical, engineering, and logistics support, along with aircraft spare parts, worth AED 181 million.

Majed Ahmed Al Jaberi highlighted Tawazun Council’s commitment to enhancing cooperation between leading local and international defense companies. He pointed out that IDEX and NAVDEX 2025 serve as pivotal platforms for showcasing the latest technologies and innovations. Al Jaberi further remarked that these contracts play a key role in supporting the nation’s strategy to bolster its defense capabilities and expand its local manufacturing base—efforts that contribute to sustainable development and stimulate investment in advanced technologies.

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 20480 times
PR Category : Local News and Government
Posted on : Tuesday, February 18, 2025  6:44:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Hospitality Advisory Council holds its first meeting of 2025...
Next Story : IDEX 2025 spotlights pioneering inventions with Innovation T...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
Mercato Mall Celebrates Ramadan with an Exclusive Iftar, Heartfelt Giving, and an Exciting... [50614-Views]
IATA Welcomes Morocco's 'Airports 2030 Strategy' [48343-Views]
Casio unveils G-SHOCK Collaboration with BarbieTM [46801-Views]
HRH Crown Prince Mohammed bin Salman launches the Saudi Architecture Characters Map to cel... [42004-Views]
Tabreed and Dubai Holding Enter Agreement to Provide District Cooling to Palm Jebel Ali [19401-Views]
Hotpack Global Commissions 2.2 MW Rooftop Solar Project at National Industries Park Facili... [14891-Views]
Statement by His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial ... [12534-Views]
Statement by His Excellency Younis Haji AlKhoori, Undersecretary of the Ministry of Financ... [12181-Views]
UNICEF, A2RL & DCL Drone STEM Program Equip 100 UAE Students with Future-Ready Skills [11808-Views]
HE Al Zeyoudi and HE Al Sayegh meet EU officials in Brussels, Strengthening trade relation... [11554-Views]
Emirates Franchise recognised by World Franchise Council as approved entity in UAE [11226-Views]
Inaugural Dubai AI Week to feature third edition of ‘Machines Can See' summit as a major d... [11172-Views]
dnata secures multi-year catering contracts with Hainan Airlines, Tianjin Air & Beijing Ca... [10951-Views]
Commercial Bank of Dubai First Bank in the Middle East to Integrate Liink, Kinexys by J.P.... [10443-Views]
Department of Government Enablement – Abu Dhabi promotes teamwork among government leaders... [10279-Views]
Dubai Airports creates Ramadan moments with "Journey to Togetherness" [10066-Views]
Level Shoes Champions Creativity and Community this Ramadan [9930-Views]
niLuu presents its Spring/Summer 2025 Aquaflora Collection A Celebration of Mediterranean ... [9541-Views]
Loom collection illuminates ramadan with a brand-new lights&lamps range [9282-Views]
Malabar Gold & Diamonds to Open 12 New Showrooms in March, Expands Global Retail Network t... [9225-Views]
Maxx Royal Bodrum Resort: A dreamy destination for every romantic occasion [9036-Views]
Brighton College Dubai Celebrates Exceptional Pupil Achievements with Outstanding Pearson ... [8942-Views]
Casio to Release G-SHOCK Watches with a Tough Silicone Band That Delivers Both Comfortabl... [8918-Views]
Force 10 Rise an Icon Reinterpreted [8770-Views]
Dream Dubai and Shukran Announce the AED1,000,000 ‘Shukran Millionaire' Campaign [8639-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories