6 days ago
UAE Signs $2.5 Billion Deal to Supply Missile Boats to Kuwait
Emirati defense company EDGE Group PJSC signed a $2.45 billion deal to supply Kuwait with a fleet of missile boats, highlighting the United Arab Emirates' advances in homegrown military capabilities.
The contract with Kuwait's Defense Ministry is the Abu Dhabi-owned conglomerate's largest since launching in late 2019, a spokesperson for the company said on Wednesday. As the deal's prime contractor, EDGE will deliver 62-meter-long Falaj 3 vessels, including munitions. The company awarded Abu Dhabi Ship Building, its naval arm, a seven billion dirham ($1.9 billion) contract to build, procure, and provide logistic support.
