Mubadala Development Company and Tawazun Holding on Tuesday announced the launch of the Emirates Defence Industries Company (EDIC), the UAE's first integrated national defence supplier.
According to Arabian Business, the new company will comprise 11 units including the subsidiaries of Mubadala, Tawazun and Emirates Advanced Investment Group (EAIG) at the conclusion of the first phase of integration, with a formal transfer of ownership from January.
"The outcome from this process will be an integrated defence platform benefiting from improved alignment, performance and increased capacity, which is better positioned to serve the UAE Armed Forces and compete for business in the region," said Homaid Al Shemmari, chairman of EDIC in comments published by news agency WAM.
"EDIC creates significant opportunities for industry growth, and we remain committed to our companies, customers and partners in realising this opportunity," added Al Shemmari.
Companies identified for integration during the first phase are Al Taif Technical Services, Bayanat for Mapping and Surveying Services, and Horizon International Flight Academy from Mubadala; NIMR Automotive, Tawazun Dynamics and Tawazun Precision Industries from Tawazun; and C4 Advanced Solutions, Global Aerospace Logistics, Naval Advanced Solutions, Secure Communications and Thales Advanced Solutions from EAIG, according to the report.
Several more industrial services subsidiaries of Mubadala and Tawazun are being considered for integration during a second phase, which will begin early in 2015.
Once fully integrated, EDIC will comprise companies including manufacturing, training, mapping, logistics, technology development and communications as well as MRO services for air, land and sea platforms, it added.
China unveiled several land warfare weapons and platforms at Airshow China in Zhuhai last week to cater to a growing demand, particularly in the Middle East, South America and Asia. Earlier this year China tasted a surprise success in the United Arab Emirates (UAE) with a sale of 150 units of the V-shaped VP11 4x4 wheeled mine-resistant vehicle manufactured by China North Industries Group Corporation (CNIGC)
Moroccan Minister of Foreign Affairs Salaheddine Mezouarannounced today that Morocco will provide direct military, operational and intelligence support to the United Arab Emirates to assist in its fight against terrorism as part of a bilateral military cooperation agreement between the two countries. "Morocco will give its active support to the United Arab Emirates in their fight against terrorism and for the preservation of regional and international peace and stability," and "the contribution presented by the Kingdom of Morocco will focus on operational military and intelligence aspects," read the Foreign Ministry statement
The United Arab Emirates is gearing up to launch a cyber command within the General Headquarters (GHQ) of the UAE Armed Forces. Sources with knowledge on the matter told Defenseworld
The US State Department has approved a possible Foreign Military Sale to the United Arab Emirates for High Mobility Artillery Rocket Systems (HIMARS) Launchers and associated equipment, parts, training and logistical support for an estimated cost of $900 million. The principal contractor will be Lockheed Martin Missile and Fire Control in Dallas, Texas
Airbus Defence and Space has signed as the leader of the industrial team (including Thales Alenia Space as co-prime contractor), a contract with the Armed Forces of the United Arab Emirates (UAEAF) for the development, manufacture and launch of Falcon Eye, a high-performance optical Earth-observation satellite system. The contract was officially signed by the United Arab Emirates in August 2014 and is now entering into force
Lockheed Martin announced Sunday that it has opened a new innovation centre in Abu Dhabis Masdar City to provide advanced security solutions to the United Arab Emirates. The Centre for Innovation and Security Solutions (CISS) is the first of its kind outside the United States, the company said in a statement
In the past five years, defense shows and exhibitions around the world have ballooned owing to the surge in demand for military technology and arms in growing markets. This surge is credited to an influx of new defense and aerospace exhibitions launched around the world
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