The sixth edition of UMEX SimTEX 2024 has concluded with 18 deals totaling $798 million by Tawazun Council, the UAE’s defense and security acquisitions authority for the Ministry of Defense.
The total deals signed on behalf of the Ministry of Defense on the third and last day reached 8 contracts with local and international companies, accounting for a total value of $278 million.
Meanwhile, the first day witnessed 5 deals worth $264 million, and the second day recorded 5 deals valued at $256 million.
This was announced during the concluding press conference held on the final day of the “UMEX and SimTEX 2024”, in the presence of Majed Ahmed Al Jaberi, the official spokesperson of Tawazun Council and Mona Ahmed Al Jaber, Chief of Corporate Communication at Tawazun Council, senior officials and representatives of local and intentional media.
Majed Ahmed Al Jaberi said the number of local contracts signed on the last day of “UMEX and SimTEX 2024″ reached 5 contracts, valued at $234 million.
The first contract, worth $139 million, was awarded to “Edge Group”, to procure infrastructure defense systems.
The second contract worth $4.6 million was signed with “Zen Technologies Limited”, to procure training simulators support package, and the third contract was for “Star Satellite Communications Company- YAHSAT” company totaling $41 million to provide maintenance and operational services on the ground communication centers.
Another contract was signed with “BAYANAT” to develop artificial intelligence programming for $27.2 million, and an $22 million contract with “SATELLITE IMAGING TECHNOLOGIES” to provide communication bands.
Al Jaberi stated that the total international deals reached 3 valued at $44 million. The biggest contract was awarded to the French company “EXAIL ROBOTICS SAS” valued at $30 million to procure underwater sonar systems, while the second biggest contract was awarded to the American company” HAWKEYE360” valued at $14 million to provide Communication Subscription. Another contract was signed with the American Company “DigitalGlobe” to provide Antenna Maintenance Services totaling $5,44,522.
At the press conference conclusion, Al Jaberi reiterated Tawazun Council’s commitment to boosting defense industries through global best practices in acquisition, procurement, and strategic partnerships. These efforts align with the UAE’s vision for business development, empowering industries, and leading innovations in the defense sector.
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