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Al Seer Marine and Damen International Secure AED 1.3 Billion Contract for Naval Vessels
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24.03.202524.03.2025Business

Al Seer Marine and Damen International Secure AED 1.3 Billion Contract for Naval Vessels

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Al Seer Marine and Damen International have formed a joint venture that has secured a substantial AED 1.3 billion contract with Tawazun Council. This partnership aims to enhance the UAE’s naval capabilities by manufacturing advanced Offshore Patrol Vessels (OPVs) over a four-year project period. The collaboration represents a significant step forward in bolstering the UAE’s...

UAE Signs $1 Billion Missile System Deal with Calidus at IDEX 2025
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18.02.202518.02.2025Defense

UAE Signs $1 Billion Missile System Deal with Calidus at IDEX 2025

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UAE has officially signed a deal worth AED 3.76 billion, equivalent to $1 billion USD, with the local defense firm Calidus for a new missile system. This announcement marks the largest contract revealed on the second day of the International Defense Exposition (IDEX) taking place in Abu Dhabi. According to Breaking Defense, the details surrounding...