The value of deals signed on the second day of the Unmanned Systems Exhibition and Conference, UMEX, and the Simulation Exhibition and Conference, SimTEX almost breached the US$80 Million mark with the announcement of nine major contracts.
The deals were announced at the daily press briefing held by UMEX and SimTex spokesman, Major Saeed Mohamed Al Yamahi.
The UAE is also now making greater efforts to ensure that a larger proportion of the value of defence contracts is generated at home.
Canadian simulator and training services company, CAE was awarded a contract for setting-up a Remotely-Piloted Air System (RPAS) training centre, while South Africa’s Denel Dynamics bagged a contract for supply of four Seeker UAVs for the UAE Armed Forces.
Abu Dhabi Autonomous Systems Investments (ADASI) also awarded three contracts to UAE based companies.
Contracts were bagged by INOVEX Simulation and Training Ltd (Switzerland), Motion Reality Incorporated MRI (USA) and Sky Pro (Lebanon) amongst the other deals announced.
The three-day exhibition concludes tomorrow.