Abu Dhabi-based defence technology giant EDGE Group announced on Monday that it signed a €1bln contract with Angolan Navy to build corvettes.

The Group said in a press statement that its unit Abu Dhabi Ship Building (ADSB) will build the 71-metre BR71 MKII corvettes, which features advanced mission systems including a 3D radar, electronic warfare suite, secure communications, a main gun, and surface-to-surface and surface-to-air missile systems.

Khalid Al Breiki, President – Platforms & Systems, EDGE said: “Signing a €1 billion defence export deal represents a momentous achievement for EDGE as well as ADSB. This demonstrates our strategic approach and steadfast commitment to increasing national exports in line with the UAE Leadership’s directive.”

David Massey, CEO of ADSB said: “At ADSB, we feel a tremendous sense of pride in signing a EUR 1 billion export deal. The BR71 MKII corvette is a highly advanced vessel capable of performing multiple missions to secure Angola’s 1600 km coastline. We look forward to fulfilling the Angolan Navy’s operational requirements and strengthening their naval capabilities while expanding ADSB’s avenues of growth.”

ADSB builds corvettes, offshore patrol vessels and fast patrol boats for military customers, and commercial vessels for the oil services industry as well as maintenance, repair and refit, upgrade and conversion, as well as design and engineering consultancy services.

(Writing by SA Kader; Editing by Anoop Menon)