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Idex 2021: UAE Armed Forces announce $2bn in military deals on day two

The UAE Armed Forces awarded contracts worth Dh7.29 billion ($2bn) on the second day of the International Defence Exhibition and Conference, with the majority going to international companies.

The Armed Forces agreed a total of 11 contracts, signing 9 deals worth Dh6.98bn with international companies, while local firms won agreements valued at Dh310 million, Staff Brig Gen Mohammed Al Hassani, official spokesman for Idex and Navdex, said on Monday.

“The amount is very good as per the requirement of the armed forces,” he said at the daily press briefing of the biggest defence exhibition in the Middle East that showcases the latest in…

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