UAE signs defence deal worth 144 million dirhams with Pakistani firm

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DUBAI – The Ministry of Defence of the United Arab Emirates (UAE) has signed a defence contract worth Dh143.981 million (Rs6.89 billion) with a Pakistani firm to buy various ammunitions for the joint air command.

Pakistan’s Global Industrial &Defence Solutions (GIDS) secured the deal on the fourth day of the Dubai Airshow 2021.

This was announced in the presence of Major General Staff Pilot Ishaq Saleh Al Balushi, Executive Director of the Military Organizing Committee of the Dubai Airshow 2021 and Lt. Col. Pilot Sarah Hamad Al-Hajari, official spokesman for the Dubai International Airshow 2021.

The ministry announced the conclusion of seven deals worth AED1,742,429,000.00 with local and international companies.

This brings the total deals concluded during the first four days to 23 deals, with a total value of AED22, 523,874,000.00. The deals of the first day amounted to AED5,239,207,000.00, the deals of the second day amounted to AED11,284,837,000.00, and the deals of the third day AED4,257,401,000.00.

The first deal was contracted with the American company, Alliant Techsystems Operations LLC, to purchase supplements of ammunitions for the Air Force and Air Defence Command at a value of AED175,863,000.00. The second deal was signed with GIDS.

A third deal was also concluded with local Advanced Military Maintenance Repair & Overhaul Center (AMMROC) to provide consultancy and technical support and repair services, including spare parts, for three years, for an amount of AED120,845,000.00, while a fourth deal was concluded also with the French company Dassault Aviation to provide maintenance services and technical support for the air force and air defense systems at a value of AED149,123,000.00.

The fifth deal was signed with the local company International Technical Systems Trading to purchase devices and equipment for the aircraft of the Air Force and Air Defence Command, with a value of AED677,315,000.00, while the sixth deal was signed with the local company Abu Dhabi Airports to provide ground handling services and logistic support for the bases of the Air Force Command, at a value of AED108,000,000.00.

The seventh and last deal was signed with the US company, Alliant Techsystems Operations LLC, to purchase ammunition supplements for the Air Force and Air Defence Command at a value of AED367, 300,000.00.

Following the announcement of the deals concluded between the Ministry and the defence companies specialized in aerospace, Al Balushi said that this year edition of Dubai Airshow has been distinguished from previous editions.

He wished all strategic partners and the companies that contracted with the UAE Ministry of Defence success in the implementation of their contracts on the ground. He also wished all companies that participated in the airshow to attain success and win investment deals in the country.

Lt-Colonel Pilot Sarah Al-Hajari pointed out that the deals concluded in the 2019 edition of Dubai Airshow were worth a total value of 18 billion dirhams, while those of the 2021 edition exceeded this value.

Read more: https://pakobserver.net/pakistan-uae-discuss-trade-and-investment/

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