Officials during the signing ceremony | Courtesy: WAM
CARACAL, an EDGE Group Company and a leading small arms manufacturer, has signed an agreement with Ketech Asia, an advanced ammunition producer, and small arms solutions provider, for the production and resale of CARACAL’s CAR 816 in Malaysia.
The agreement was signed by Mr. Hamad Al Ameri, CEO of CARACAL, and Mr. Mohd Nahar Mohd Nasir, CEO of Ketech Asia, at the Langkawi International Maritime and Aerospace Exhibition (LIMA 2023), which is being held in Langkawi, Malaysia, until 27th May.
Under the agreement, the two companies will conduct a transfer of technology that enables Ketech Asia to assemble the highly reliable, mission-proven CAR 816 tactical assault rifle at its new facilities in Pahang, in support of the Royal Malaysia Armed Forces requirements.
According to the statement, “Cooperation will also take place to review the potential of co-developing new firearms, and Ketech Asia will become an official reseller of the rifle, underscoring EDGE’s confidence in developing valuable and mutually beneficial industry partnerships in Malaysia, with the aim of increasing sales of regionally manufactured advanced products and solutions in markets across Southeast Asia.”
The agreement with Ketech will also aid EDGE to explore other opportunities in Malaysia for the full range of CARACAL small arms.
Launched in November 2019, the UAE’s EDGE is one of the world’s leading advanced technology groups, established to develop agile, bold, and disruptive solutions for defense and beyond, and to be a catalyst for change and transformation.
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