UAE signs $1 bln contracts at Idex-2009 arms show
February 24, 2009, Abu Dhabi -- The United Arab Emirates has signed a series of arms deals worth more than $1 billion at an international defense exhibition, an UAE spokesman said on Tuesday.
The Idex-2009 international defense exhibition and conference opened in Abu Dhabi on February 22 and will last through February 26.
Gen. Obeid al Qatabi said the UAE Armed Forces had concluded eight contracts with foreign and domestic companies, the Emirate Business newspaper reported.
Abu Dhabi Shipbuilding Company landed the largest deal, worth $255 million, for the supply of 12 combat vessels.
French Thales won a contract for signal and communication systems for Leclerc tanks.
Russian military systems and technology are being exhibited over an area of 546 square meters, including 84 square meters to showcase the latest developments in Russian ammunition.
Russia is an Idex regular, traditionally displaying small arms and light weapons, as well as air force, naval, and air defense systems. (RIA Novosti)