Adani Defence & Aerospace and a leading group in the UAE have signed a cooperation agreement aiming to establish a “global platform” leveraging capabilities
Adani Def & Aero, EDGE Group Sign Agreement
Adani Defence & Aerospace and a leading group in the UAE have signed a cooperation agreement aiming to establish a “global platform” leveraging capabilities of both companies to bring together their respective product portfolios and cater to the requirements of global and local customers.
The agreement will also explore establishment of research and development facilities in India and the UAE, said the statement issued on Tuesday. The agreement aims to establish a global platform leveraging the defence and aerospace capabilities of both companies to bring together their respective product portfolios and cater to the requirements of global and local customers, it added.
This includes evaluating cooperation across EDGE’s and Adani’s core product domains, including “missiles and weapons, covering airborne, surface, infantry, ammunition, and air defence products, platforms and systems, covering unmanned aerial systems, loitering munitions, counter drone systems, unmanned ground vehicles as well as electronic warfare and cyber technologies”, the statement said. The agreement will also explore setting up of development, production and maintenance facilities of defence and aerospace solutions to not just serve the two captive markets, but also the Southeast Asian and wider global markets, the statement said.