Latest news with #missileboats
Trade Arabia
6 days ago
- Business
- Trade Arabia
EDGE signs $2.45bn naval contract with Kuwait
EDGE, one of the world's leading advanced technology and defence groups, has signed a AED9 billion ($2.45 billion) defence contract with the Kuwait Ministry of Defence for the supply of Falaj3 62-metre missile boats. This contract marks the largest naval shipbuilding export in the region and ranks among the highest-value naval export deals globally. As the prime contractor, EDGE will lead the programme which includes the design, construction, trials, and delivery of the vessels, in addition to Integrated Logistics Support (ILS) and In-Service Support (ISS). EDGE will also provide the ammunition for the vessels, further demonstrating its end-to-end capability offering. Abu Dhabi Ship Building (ADSB), EDGE Group's naval arm and the UAE's leading shipbuilder, has been selected as the build subcontractor for the programme. Hamad Al Marar, Managing Director and CEO, EDGE, said: 'This agreement with Kuwait is hugely significant both in scale and strategic importance. It deepens long-term defence ties between our nations, brings a proven class of advanced vessels into regional service, and reinforces EDGE's position as a trusted international partner. It also reflects the pace of industrial and engineering progress we've achieved in just a few years, and our ability to design, build, and deliver complex naval platforms at scale. As we enter a new phase of export-led growth, this programme marks a clear signal of global confidence in what EDGE can deliver.' The Falaj 3-class missile boat has also been selected by the UAE Navy, with the first vessel, Altaf, formally commissioned into service in February 2025. This operational deployment reflects the vessel's proven capability and performance in regional waters. With the latest agreement, these advanced 62-metre vessels are tailored to meet Kuwait's operational requirements, offering high performance, advanced combat systems, and enhanced capabilities for littoral defence operations.
Bloomberg
6 days ago
- Business
- Bloomberg
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.
Zawya
7 days ago
- Business
- Zawya
Abu Dhabi's EDGE signs $2.45bln naval contract with Kuwait Ministry of Defence
ABU DHABI - EDGE, one of the world's leading advanced technology and defence groups, has announced the signing of a major AED9 billion (US$2.45 billion) defence contract with the Kuwait Ministry of Defence for the supply of FALAJ3 62-metre missile boats. This contract marks the largest naval shipbuilding export in the region and ranks among the highest-value naval export deals globally. As the prime contractor, EDGE will lead the programme which includes the design, construction, trials, and delivery of the vessels, in addition to Integrated Logistics Support (ILS) and In-Service Support (ISS). EDGE will also provide the ammunition for the vessels, further demonstrating its end-to-end capability offering. Abu Dhabi Ship Building (ADSB), EDGE Group's naval arm and the UAE's leading shipbuilder, has been selected as the build subcontractor for the programme. Hamad Al Marar, Managing Director and CEO, EDGE, said, 'This agreement with Kuwait is hugely significant both in scale and strategic importance. It deepens long-term defence ties between our nations, brings a proven class of advanced vessels into regional service, and reinforces EDGE's position as a trusted international partner. It also reflects the pace of industrial and engineering progress we've achieved in just a few years, and our ability to design, build, and deliver complex naval platforms at scale. As we enter a new phase of export-led growth, this programme marks a clear signal of global confidence in what EDGE can deliver.' The FALAJ 3-class missile boat has also been selected by the UAE Navy, with the first vessel, ALTAF, formally commissioned into service in February 2025. This operational deployment reflects the vessel's proven capability and performance in regional waters. With the latest agreement, these advanced 62-metre vessels are tailored to meet Kuwait's operational requirements, offering high performance, advanced combat systems, and enhanced capabilities for littoral defence operations. This latest contract reinforces EDGE's position as a trusted partner for customers seeking turnkey defence solutions and integrated long-term support, while driving the UAE's strategic objectives for defence exports and industrial collaboration.
Arabian Business
03-06-2025
- Business
- Arabian Business
UAE defence firm signs $2.45bn missile boat deal with Kuwait
UAE defence major EDGE has announced the signing of a AED9bn ($2.45bn) contract with the Kuwait Ministry of Defence for the supply of FALAJ3 62m missile boats. This contract marks the largest naval shipbuilding export in the region and ranks among the highest-value naval export deals globally. As the prime contractor, EDGE will lead the programme which includes the design, construction, trials, and delivery of the vessels, in addition to Integrated Logistics Support (ILS) and In-Service Support (ISS). UAE and Kuwait missile boat deal EDGE will also provide the ammunition for the vessels, further demonstrating its end-to-end capability offering. Abu Dhabi Ship Building (ADSB), EDGE Group's naval arm and the UAE's leading shipbuilder, has been selected as the build subcontractor for the programme. Hamad Al Marar, Managing Director and CEO, EDGE, said: 'This agreement with Kuwait is hugely significant both in scale and strategic importance. It deepens long-term defence ties between our nations, brings a proven class of advanced vessels into regional service, and reinforces EDGE's position as a trusted international partner. 'It also reflects the pace of industrial and engineering progress we've achieved in just a few years, and our ability to design, build, and deliver complex naval platforms at scale. 'As we enter a new phase of export-led growth, this programme marks a clear signal of global confidence in what EDGE can deliver.' The FALAJ 3-class missile boat has also been selected by the UAE Navy, with the first vessel, ALTAF, formally commissioned into service in February 2025. This operational deployment reflects the vessel's proven capability and performance in regional waters. With the latest agreement, these advanced 62m vessels are tailored to meet Kuwait's operational requirements, offering high performance, advanced combat systems, and enhanced capabilities for littoral defence operations. This latest contract reinforces EDGE's position as a trusted partner for customers seeking turnkey defence solutions and integrated long-term support, while driving the UAE's strategic objectives for defence exports and industrial collaboration.
