DUBAI - United Arab Emirates state defence conglomerate EDGE said on Tuesday it was taking full ownership of UAE military repair and maintenance company AMMROC by buying the 40% stake held by Lockheed Martin.

Abu Dhabi-based EDGE has entered into a conditional agreement to buy the stake from Lockheed Martin and its subsidiary Sikorsky, it said in a statement.

The value of the transaction was not disclosed.

(Reporting by Alexander Cornwell; Editing by Mark Potter) ((Alexander.Cornwell@thomsonreuters.com;))