Maintenance Repair & Overhaul Space Air Cargo

Home- Stories

Raytheon Wins US$1.5bn Deal from UAE

: Feb 19, 2019 - : 2:38 am

The UAE Armed Forces awarded US$1.9 billion in contracts on the second day of IDEX, with US-based Raytheon getting a US$1.55 billion deal to supply Patriot missile systems to its air force.

The Armed Forces, which signed 24 contracts in total, awarded six international companies deals totaling US$1.60 billion, General Mohammed Al Hassani, Idex spokesman said.

Local companies won contracts worth USD408 million, he added.

The agreement was signed at the IDEX military exhibition in Abu Dhabi and followed the award on Sunday of a US$354 million contract to Raytheon to supply the UAE with patriot missiles.

A US$272 million contract was also signed with the Austrian company Sawi Electronic for the rehabilitation and upgrading of mines for the UAE Army.

The UAE has signed a total of US$3.2 billion in contracts since the IDEX exhibition started on Sunday.


Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.

Popular Posts

Copyright 2024. GBP. All Rights Reserved.

Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us