. 24/7 Space News .
MILPLEX
UAE signs over $5 bln in deals at arms fair
by Staff Writers
Abu Dhabi (AFP) Feb 23, 2017


The United Arab Emirates announced Thursday it signed contracts worth a total of more than $5 billion to purchase weaponry during its international arms fair in Abu Dhabi this week.

The four-day International Defence Exhibition and Conference (IDEX), which kicked off Sunday, is one of the largest arms fairs in the Middle East. It is held every two years to showcase the latest in defence technologies and innovations.

The UAE, a longtime client of Western defence industries, signed an order with Raytheon of the United States worth more than $740 million but also with Russian arms exporter Rosoboronexport for anti-tank missiles valued at $710 million.

The final day on Wednesday resulted in contracts worth $930 million, organisers said, raising the total for the four days to $5.2 billion.

Oil-rich UAE is a key partner in the Saudi-led Arab military coalition that intervened in Yemen in March 2015 after Shiite Huthi rebels stormed the capital Sanaa and advanced on second city Aden.

It is also seen as an important regional ally in the US-led coalition's fight against the jihadist Islamic State group in Iraq and Syria.

UAE ordering locally produced armored vehicles
Abu Dhabi, United Arab Emirates (UPI) Feb 23, 2017 - NIMR Automotive of the United Arab Emirates announced Thursday it is to supply the country's military with more than 1,750 armored vehicles.

The breakdown of the vehicle types, under several awards the UAE armed forces intends to issue: 1,500 JAIS 4x4 and 6x6 infantry fighting vehicles; more than 150 HAFEET 630A artillery support vehicles in both observation and command-and-control configurations; an 115 AJBAN 440A vehicles equipped with anti-tank guided missile systems.

"We are delighted and proud to have been selected to support the UAE Armed Forces expand its capability with our best-in-class military vehicles and technology." Dr. Fahad Saif Harhara, chief executive officer of NIMR said.

"These vehicles sit at the cutting edge of military technology, combining our proven platforms integrated with complex mission equipment. These agreements represent an important milestone in our company's history."

NIMR is a subsidiary of Emirates Defense Industries Company.

In addition to the three orders it is to receive, NIMR said it has also signed a cooperation agreement with Czech manufacturer VOP CZ for the marketing, distribution, production and after-sale support of the NIMR armored vehicles to the Czech Republic, Poland, Slovakia and Hungary.

Delivery of the vehicles to the UAE military are expected to begin next year. The monetary value of the orders was not disclosed.

NIMR announced the deals at the International Defense Exhibition and Conference in Abu Dhabi.

MILPLEX
BAE Systems eyes defence spending by Trump
London (AFP) Feb 23, 2017
BAE Systems on Thursday delivered an optimistic outlook on government defence spending, in particular by the new US administration led by President Donald Trump. Posting flat annual profits of Pounds 913 million ($1.14 billion, 1.1 billion euros) a day after announcing a new chief executive, BAE said that "in the US... there are signs of a return to growth in defence budgets, with the new administ ... read more

Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment on this article using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

MILPLEX
Russian cargo ship docks with space station

Russia to carry out tourist flights around Moon by 2022

NASA selects proposals for first-ever Space Technology Research Institutes

NASA saves energy and water with new modular supercomputing facility

MILPLEX
Spacex To Send Privately Crewed Dragon Spacecraft Beyond The Moon Next Year

Sounding Rocket Flies in Alaska to Study Auroras

SpaceX cargo ship arrives at space station

SpaceX cargo ship aborts rendezvous with space station

MILPLEX
NASA mulls putting astronauts on deep space test flight

Opportunity leaving crater rim for the Plains of Meridiani

Scientists say Mars valley was flooded with water not long ago

Researchers pinpoint watery past on Mars

MILPLEX
China to launch first high-throughput communications satellite in April

Chinese cargo spacecraft set for liftoff in April

China looks to Mars, Jupiter exploration

China's first cargo spacecraft to leave factory

MILPLEX
Kacific places order with Boeing for a high throughput satellite

ESA affirms Open Access policy for images, videos and data

Iridium Announces Target Date for Second Launch of Iridium NEXT

Italy, Russia working closely on Mars exploration, Earth monitoring satellites

MILPLEX
Raytheon gets contract for Silent Knight radar systems

Kelvin Hughes to provide SharpEye radars for U.K. OPVs

Terma partner wins Indian radar contract

Two radar eyes are better than one

MILPLEX
Does Pluto Have The Ingredients For Life?

Ancient microbes push limits of what life can survive on Earth, and off

Prediction: More gas-giants will be found orbiting Sun-like stars

From Rocks, Evidence of a 'Chaotic Solar System'

MILPLEX
Juno to remain in current orbit at Jupiter

Europa Flyby Mission Moves into Design Phase

NASA receives science report on Europa lander concept

New Horizons Refines Course for Next Flyby









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.