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UAE signs $1.42 bn defence deals
by Staff Writers
Abu Dhabi (AFP) Feb 18, 2013


Renault announces deals at Abu Dhabi arms fair
Abu Dhabi (AFP) Feb 17, 2013 - Renault Trucks Defense on Sunday announced orders for armoured vehicles from Middle East and African states, at the start of the IDEX military fair in the United Arab Emirates.

RTD, an affiliate of Sweden's Volvo, said in a statement that "a Middle Eastern country" placed an order for 46 Shepra armoured vehicle, but it did not disclose the value of the order.

The 9.6-tonne vehicle carries a crew of six and can travel at a speed of 120 kilometres (77 miles) per hour.

The manufacturer also said it began delivering 10 Sherpa armoured personnel carriers and 22 Higard carriers ordered by Qatar in October, equipped with non-lethal weapons for use by riot police.

RTD said it has built 14 off-road ALTV ambulances for an undisclosed African country.

More than 1,000 exhibitors from 57 nations, including top military manufacturers, are taking part in the International Defence Exhibition and Conference, held every two years in the UAE capital.

The United Arab Emirates said on Monday it signed 17 defence contracts to purchase military equipment worth $1.4 billion including US manufactured Predator drones.

The contracts were signed during the ongoing International Defence Exhibition & Conference, IDEX.

"The total value of today's contracts has reached 5.2 billion dirhams" ($1.42 billion), said Staff Major General Obaid al-Ketbi, chairman of IDEX, which is held every two years in Abu Dhabi.

Speaking to reporters on the second day of Middle East's biggest defence show, Ketabi said the deals include a 722 million-dirham ($196-million) contract agreed with US firm General Atomics for the purchase of Predator drones with complete integrated logistic support systems.

He said the UAE armed forces also signed an agreement with the US-based Oshkosh firm worth 1.4 billion dirhams ($381.5 million) to purchase all-terrain military vehicles.

Another deal to purchase Turkish CIRIT laser-guided rockets worth 720 million dirhams ($196.2 million) was also signed, he added.

Oil-rich UAE invests heavily in defence, just like most other Gulf states that are mainly wary of potential hostilities from neighbouring Iran.

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Crisis-hit arms market shrinks, first time since 1994: SIPRI
Stockholm (AFP) Feb 18, 2013
For the first time since the mid-1990s, sales of the 100 biggest arms dealers excluding China declined in 2011 as the economic crisis prompted budget cuts, a Stockholm-based think tank said on Monday. The 100 companies' total sales declined, including inflation, by five percent from the previous year, the first time a drop has been registered since 1994, the Stockholm International Peace Res ... read more


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