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March 1, 2024

Tawazun Council seals 5 deals on 1st day of UMEX & SimTEX 2024

Tawazun Council, the UAE defense and security acquisitions authority for the Ministry of Defense, has sealed 5 deals with local and international companies with a total value of $264 million.

The announcement was made during a press conference held at the end of the first day of the sixth edition of the Unmanned Systems Exhibition (UMEX) and the Simulation and Training Exhibition (SimTEX) 2024.

The press conference was made in the presence of Zayed Saeed Al Meraikhi and Majed Ahmed Al Jaberi, the official spokespersons of Tawazun Council, Saeed bin Khadim Al Mansouri, Advisor, Defense Exhibitions at the Abu Dhabi National Exhibitions Center (ADNEC), high-level official delegations, along with local and international media representatives.

The overall value of deals signed with 3 local companies on the first day of UMEX SimTEX 2024 amounted to $245 million, while 2 contracts were signed with international companies, totaling $20 million.

Zayed Saeed Al Meraikhi announced that the local contracts signed by the Tawazun Council on behalf of the Ministry of Defense, included a contract with “Resource Industries” to procure Anti-drone guns valued at $2.7 million, and a contract with “International Golden Group” to purchase UAV systems providing the following support services and Training for 5 year for $238 million.

Another contract was signed with “Star Satellite Communications Company” (YAHSAT) to provide communications bands, totaling $4.3 million.

Majed Ahmed Al Jaberi announced the international contracts signed on the first day of UMEX SimTEX 2024. They included a contract with the Canadian company “Canadian Aviation Electronics” (CAE) for Service providing to support simulators for the training centre at the value of $13.3 million, and a contract with the Chinese company CETC INTERNATIONAL CO., LTD (CATIC) to purchase Systems against Drones at a value of $6.2 million.

Al Meraikhi noted that both “UMEX SimTEX 2024” showcase the UAE’s global leadership in unmanned systems, simulation, and training. Al Meraikhi affirmed Tawazun Council’s commitment to fostering collaboration among major defense industry players, locally and globally, to advance and keep current with the rapid technological developments in this domain.