UAE awards $1.9bn of military contracts on day two of Idex Defence and Security

International Defence Exhibition and Conference (IDEX) Invites Tenders for UAE awards $1.9bn of military contracts on day two of Idex. Tendersontime, a leading business leading Tender Notice Portals is the first agency to report this notification.

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   UAE awards $1.9bn of military contracts on day two of Idex

Russia's Rosoboronexport was awarded a $708 million deal to supply 5,000 anti-armour missiles plus training and support to the UAE armed forces

A general view of visitors walking in a showroom displaying armoured military vehicles during the opening of the International Defence Exhibition and Conference (IDEX) in the Emirati capital Abu Dhabi. (KARIM SAHIB/AFP/Getty Images)

   The UAE on Monday awarded 7 billion dirhams ($1.9 billion) of military procurement deals including a 2.6 billion dirham ($708 m) contract for Russia's Rosoboronexport, the spokesman for the Idex military exhibition said.

Rosoboronexport will supply 5,000 anti-armour missiles plus training and support to the UAE armed forces, Rashid al Shamsi said.

Sweden's SAAB AB won a contract for 865.7 million dirhams to provide new airborne surveillance systems and spares, while UAE firm Maximus Air was awarded a 1.8 billion dirham contract to supply air cargo planes.

On Sunday, the UAE awarded 4.5 billion dirhams worth of contracts. Idex, the region's largest military show, began on Sunday and will end on Thursday. Over 1,200 companies are participating.

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