EDGE concludes IDEX 2023 with record deals

EDGE, one of the world’s fastest growing and leading advanced technology and defence groups, has concluded its highly successful participation at IDEX 2023, launching 14 new products, including 11 breakthrough autonomous and unmanned products and solutions, the signing of new contracts and deals worth AED 18.6 billion, of which AED 4 billion was in international export deals, and several partnerships and agreements signed with leading OEMs, defence and technology companies, and suppliers.

EDGE boasted the largest presence at the five-day event, garnering the attention of H.H President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and other senior members of the UAE’s leadership, as well as several royal delegations and dignitaries from around the world, including dignitaries, politicians, and prospective customers.

Major deals signed at the event included a landmark EUR 1 billion export deal with the Angolan Navy to build and export a fleet of best-in-class 71 metres corvettes, and major contracts worth over AED9 billion with the UAE Armed Forces for EDGE’s THUNDER and DESERT STING 25 Precision-Guided Munitions; SHADOW 25 and SHADOW 50, and HUNTER Loitering Munitions; in addition to a contract valued at AED 4 billion to provide tactical communications and data-link solutions to the UAE Armed Forces.

Al Jundi

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