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UMEX, SimTEX first day deals top $42.5m

ABU DHABI, February 24, 2020

The UAE Armed Forces signed five deals with a total value of over Dh156 million ($42.5 million) on the first day of the Unmanned Systems Exhibition (UMEX) and the Simulation and Training Exhibition (SimTEX) 2020, reported state news agency Wam.

"The total value of external deals reached Dh90.5 million whilst the total local contract deals amounted to Dh65.5 million," said Staff Brigadier Tareq Mohammed Al Bannai, spokesman for the UMEX and SimTEX 2020 exhibitions being held in Abu Dhabi, UAE.

Staff Brigadier Tareq Mohammed Al Bannai, spokesman for the UMEX and SimTEX 2020 exhibitions, confirmed that a contract was signed with Abu Dhabi Autonomous Systems Investments Company, ADASI, to purchase unmanned UAVs at a value of Dh55.1 million and with the Emirati company, EARTH, to purchase unmanned vehicles worth Dh10.3 million.

Staff Brigadier Al Bannai also pointed out that the US company, Insitu, was contracted to provide technical support for unmanned UAVs, at a value of Dh50.2 million, and the Ukrainian State Foreign Trade Enterprise will buy UAVs, worth Dh2.6 million. The UK company Caintech was also contracted to provide air systems worth Dh37.6 million.




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