Mubadala, EAIG and Tawazun form Emirates Defence Industries Company | The National:
"Mubadala Development, Tawazun Holding and Emirates Advanced Investment Group (EAIG) have finalised the formation of Emirates Defence Industries Company (Edic) after signing an initial agreement in April to combine their defence services businesses.
Edic is set to help drive the UAE’s defence industry by providing manufacturing, training, mapping, logistics, technology development and communications as well as maintenance, repair and operations services for air, land and sea platforms.
“Edic will bring together the combined capabilities of the UAE’s defence industries into a single integrated platform to enhance value for our clients, shareholders, partners and other stakeholders,” said Homaid Al Shemmari, chairman of Edic. “We are positioning the sector for more growth.”"
'via Blog this'
No comments:
Post a Comment