Nov 14 2013
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UAE firm wins AED3bn vehicle deal with armed forces
A government-owned UAE defence industries company has won a contract worth Dh3 billion to supply military vehicles to the country's armed forces.
Nimr Automotative, a subsidiary of the Abu Dhabi Tawazun industrial company, said it would supply Nimr 6X6 and 4X4 vehicles under the deal which was signed with the UAE Armed Forces General Headquarters (GDQ).
The GHQ said the decision to buy the vehicles was in line with its policy to keep abreast with the latest in global defense industries and to support national industrial capabilities.
Nimr Automotive CEO Fahad Saif Harhara said the contract is timed with the company's plans to open its new state-of-the-art facilities within Tawazun Industrial Park in Abu Dhabi to meet the huge demand for Nimr armored vehicles.
"The vehicle exceeded the GHQ's required operational standards in terms of design, performance, mobility and others," the statement said.
Tawazun a strategic investment firm focused on the long-term development of UAE's industrial manufacturing and technology capabilities and knowledge-transfer with a specific focus on the defense sector
Established in 2007 by Tawazun Economic Council, Tawazun's mission is to develop profitable ventures through industrial partnerships and strategic investments that add to the country's industrial manufacturing layer in the areas of defense, defense manufacturing and manufacturing technology.
© Emirates 24|7 2013
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