(MENAFN- Mid-East)
Abu Dhabi, United Arab Emirates: Etimad Holding and ELT Group today signed an implementation plan to establish a UAE-based integrated logistics support (ILS) hub for Electronic Warfare (EW) systems in the UAE, which will serve as a unique national solution for the Ministry of Defence. The agreement was signed by Mr. Khalid Al Ali, CEO of Etimad Group, and Enzo Benigni, Chairman and CEO of ELT Group, and was witnessed by Mansour AlMulla, Managing Director and CEO of EDGE Group.
The signing of this agreement marks the commencement of the plan through which Etimad Security Strategic Solution (ESSS) will exclusively undertake the repair and maintenance of ELT's EW systems. Additionally, they will assist ELT in synergising their capabilities to cater to the demands and requirements of their clients. The localisation logistic activities in the UAE is not only limited to an increase in efficiency of services, but also represents the companies' strategy to increase In-Country Value.
Attendees of the Dubai Airshow 2023 can visit EDGE and its portfolio of companies at stand 520 in the main hall, Hospitality Chalet at outdoor stand P9, and outdoor stand S49, and ELT Group at stand at 1135 at Dubai World Central.
About EDGE:
Launched in November 2019, the UAE's EDGE is one of the world's leading advanced technology groups, established to develop agile, bold and disruptive solutions for defence and beyond, and to be a catalyst for change and transformation. It is dedicated to bringing breakthrough innovations, products, and services to market with greater speed and efficiency, to position the UAE as a leading global hub for future industries, and to creating clear paths within the sector for the next generation of highly-skilled talent to thrive. With a focus on the adoption of 4IR technologies, EDGE is driving the development of sovereign capabilities for global export and for the preservation of national security, working with front-line operators, international partners, and adopting advanced technologies such as autonomous capabilities, cyber-physical systems, advanced propulsion systems, robotics and smart materials. EDGE converges R&D, emerging technologies, digital transformation, and commercial market innovations with military capabilities to develop disruptive solutions tailored to the specific requirements of its customers. Headquartered in Abu Dhabi, capital of the UAE, EDGE consolidates more than 25 entities into five core clusters: Platforms & Systems, Missiles & Weapons, Space & Cyber Technologies, Trading & Mission Support, and Homeland Security.
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