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IDEX: Deals worth Dh12.64bn signed in 2 days

The cumulative value of deals signed at IDEX and NAVDEX 2023 is now Dh12.64 billion with a total of 23 deals…reports Asian Lite News

Tawazun Council, the independent government entity that works closely with the Ministry of Defence, security agencies and Abu Dhabi Police, to maximize value through acquisition systems, announced signing 12 deals, worth Dh8.14 billion, with local and international companies on the second day of the International Defence Exhibition (IDEX) and the Naval Defence Exhibition (NAVDEX) 2023.

The cumulative value of deals signed at IDEX and NAVDEX 2023 is now Dh12.64 billion with a total of 23 deals.

The announcement was made by Tawazun Council’s official spokesmen Majed Ahmed Al Jaberi and Zayed Saeed Al Meraikhi.

Zayed Saeed Al Meraikhi said, “The number of contracts signed with local companies has reached 8, with a total value of Dh7.6 billion, while the number of contracts signed with international companies has reached 4, with a total value of Dh543 million.

The biggest contract- worth Dh4.7 billion, was awarded to Halcon, a subsidiary of Edge Group to procure Desert Sting P5 system. Also signed with Halcon is an Dh1.1 billion contract to procure Hunter systems.

A contract worth Dh1.33 billion was signed with ADASI, a subsidiary of Edge Group, to procure Shadow system.

Other announced deals with local companies included two contracts with Trust International Group, the first, worth Dh179 million to procure Minimi machine gun and the second, worth Dh20 million to procure 7.62 mm machine gun.

An Dh175 million contract was signed with ADSB, a subsidiary of Edge Group, to procure rescue boats and an Dh40 million contract with International Golden Group to procure telecom systems.

Also signed is an Dh20 million contract with Marakeb to develop Golden Unit of multi-mission unmanned boat.

Announcing the second day’s deals with international companies, Al Jaberi said, “Tawazun Council is pleased to announce the contracts that were signed/ on behalf of the Ministry of Defence on the second day of IDEX and NAVDEX 2023.”

The international contracts announced today included two with France’s Thales Six, one is worth Dh316 million to develop and support ground station radio and the other is an Dh159 million contract to procure CMS systems.

The other two signed contracts were an Dh57 million contract with the German company Rheinmetall, to provide technical support for engagement simulation and an Dh11 million contract with the US company Harris International to procure telecom systems and intercom units.

Pic credits Twitter @IDEX_UAE

MBZ tours IDEX

President Sheikh Mohamed bin Zayed Al Nahyan has toured the IDEX at the Abu Dhabi National Exhibition Centre (ADNEC).

President, accompanied by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court, visited the pavilions and stands of several participant companies and national entities who are showcasing the latest technology and developments in the defence industry.

The UAE President’s tour included the pavilions and participation of the UAE, Saudi Arabia, Egypt, Russia and China, in addition to France, Serbia, the United States and the Republic of Korea.

He was briefed by representatives of the participating countries and companies on their innovations in equipment manufacturing and their production of advanced defence technology systems.

The UAE President stated that the organising of IDEX over the past three decades emphasised the UAE’s approach of building bridges of communication and cooperation with the world with the aim of achieving peace, stability and a better future for humanity.

He extended his thanks to the exhibition organisers and partners and expressed his appreciation for their contribution to the ongoing success and development of the event.

During the tour, the UAE President met with several heads of the participating delegations and guests at IDEX 2023.

He welcomed the participants, exhibitors, countries and international companies, stressing the importance of collaboration between global partners to ensure stability.

On the sidelines of the event, Sheikh Mohamed met with Serbian President Aleksandar Vucic; Sheikh Talal Khaled Al-Ahmad Al-Sabah, Kuwait’s First Deputy Prime Minister and Minister of Interior; Éric Trappier, CEO of Dassault Aviation; and Neal Blue, Chairman and CEO of General Atomics (GA).

The meetings touched on the participation of the guests’ countries and their latest technology solutions on display, as well as the opportunities offered by IDEX for participants to exchange expertise and experience, as well as providing opportunities for partnerships among major international companies in the sector.

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IDEX, NAVDEX kick off in Abu Dhabi

The five-day events are held at the Abu Dhabi National Exhibition Centre (ADNEC), in cooperation with the Ministry of Defence….reports Asian Lite News

The 16th edition of the International Defence Exhibition and Conference (IDEX) and the 7th Naval Defence and Maritime Security Exhibition (NAVDEX) opened in Abu Dhabi today with the participation of more than 1,350 companies.

The five-day events, under the patronage of President Sheikh Mohamed bin Zayed Al Nahyan, are held at the Abu Dhabi National Exhibition Centre (ADNEC), in cooperation with the Ministry of Defence.

This year’s edition, which coincides with the 30th anniversary of the launch of IDEX, is set to be the largest in the history of the event, attracting participants from all over the world to showcase the latest advancements in the international defence sector.

The current edition of NAVDEX will witness the participation of a number of naval vessels from seven countries, namely Pakistan, Bahrain, the United Kingdom, Italy, China, India and the UAE.

Meanwhile, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, welcomed the visitors at IDEX and NAVDEX.

Pic credits Twitter @IDEX_UAE

He said that IDEX, since its launch in 1993, has been highlighting the UAE’s journey in the defence industry, and contributing to its growth.

“The high level of participation by a wide range of countries, leading companies, and decision-makers in IDEX & NAVDEX 2023 serves as a testament of the importance of the two exhibitions, and their role in strengthening the events sector, which has become one of the major contributors to the country’s national economy,” Sheikh Mohammed said.

He said, “The previous editions of the exhibition, which started around 30 years ago, have supported us in keeping pace with the developments and innovations in the defence sector, and contributed to the rapid growth of the industry.”

“In addition to this, this year’s event will provide startups and SMEs with an unrivalled opportunity to present their innovative ideas, products and services, in the defence and naval defence sectors to industry leaders and experts,” he said.

“We are proud to have organised and hosted successful exhibitions in the fields of defence, aviation, security, technology, and more, which contribute to our country’s comprehensive development. We have also made a major leap forward in our defence industry, which forms a key pillar of our security strategies, economic diversification plans, and upskilling our human cadres,” he added.

Prior to IDEX and NAVDEX, Abu Dhabi hosted International Defence Conference (IDC 2023).

Pic credits Twitter @IDEX_UAE

The conference hosted a broad range of high-caliber speakers from the government and the private sector, addressing key issues in the defence and security space. To an audience of government, academia and corporates, the speakers discussed the potential economic and social consequences of several aspects of technology including the future of defence operations, latest updates and developing talent and managing human capital.

The inaugural session was on “Promise and Peril – the social and economic impacts and risks of widespread adoption of new technologies such as AI, neuro, & biotechnology and extended reality”.

This panel explored the social and economic impact and risks associated with the widespread adoption of new technologies such as artificial intelligence, neuro and biotechnology. These technologies certainly offer new efficiencies and opportunities, but they are also introducing new social uncertainty, risks and tensions. That will in turn, create new missions, requirements and dilemmas for defensive security communities.

Pic credits Twitter @IDEX_UAE

So what are those technologies that will play an important and impactful role in the future? The human experience as a human society? Is it artificial intelligence? Is it gene biotechnology?

Each one of these technologies is going to bring new capabilities, but also new challenges.

Omar Sultan Al Olama, Minister of State for AI, Digital Economy and Remote Work Applications, commented, “The limitations are the challenges you have with false positives. Ethical decision-making with a high level of competence is unfortunately not to the degree of a very well trained human being, but with time we’re going to see that as we feed the systems with more and more data, they’re going to be able to give us a better output compared to what we have today.”

AI offers a lot of in terms of efficiency, better decision-making, and perception. However, in the end, the man in front of the machine makes the final decision. Therefore, training people is key. According to John W. Nicholson Jr, Chief Executive, Lockheed Martin Middle East, ‘AI is not about replacing human decision making but rather enhancing human decision making.’ Al is very good at detecting anomalies and this allows the human to come in and verify what needs to be done.”

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IDEX and NAVDEX 2023 to showcase range of new features

Organised by ADNEC Group at the Abu Dhabi National Exhibition Centre, in association with the Ministry of Defence, the events are set to showcase a wide range of new features…reports Asian Lite News

Under the patronage of President Sheikh Mohamed bin Zayed Al Nahyan, ADNEC Group is set to host the 16th edition of the International Defence Exhibition and Conference (IDEX 2023) and the 7th edition of the Naval Defence Exhibition and Conference (NAVDEX 2023), which will take place on 20-24 February 2023.

Organised by ADNEC Group at the Abu Dhabi National Exhibition Centre, in association with the Ministry of Defence, the events are set to showcase a wide range of new features and attract leading participants and exhibitors from the international defence industry.

The upcoming edition of IDEX marks the 30th edition of the event and, along with NAVDEX these events have become the largest of their kind in the world. The events are expected to host high-calibre participation, including leaders, decision-makers, ministers and senior officials, as well as industry experts and professionals from all over the world.

As part of the event week, in a first of its kind, ADNEC will host a series of high-level round table discussions with prominent industry thought leaders and commentators. These leading industry experts will gather to discuss recent and critical topics around the defense and naval industries, with an outcomes based objective to collaborate on focused industry reports.

IDEX and NAVDEX will introduce IDEX Next_Gen, a space dedicated for startups which will enable entrepreneurs to demonstrate their solutions and technologies in the defense and naval sector to leading figures in the industry. The events will also introduce the Innovation Trail, a focused journey through the exhibition, highlighting the latest products and innovations for the defence and naval community, from the world’s leading brands. Exhibitors will be able to submit their newest and most innovative products and solutions for selection as part of this curated journey, which will attract the interest thousands of international and local buyers.

On the content side, and again as a first of its kind, IDEX and NAVDEX will each feature dedicated free to attend theatres for attendees to learn about the latest industry critical topics., NAVDEX Talks, located in the brand new marina hall, will focus on the naval defence industry, whereas IDEX Talks will include sessions that will cover a variety of engaging topics related to the global defence sector. These topics include: Women and, Youth in Defence, Defense Heroes and Motivational Masterclasses.

The events will also feature an area for fans of defense history. ‘Defence Through the Decades’ will showcase an interactive gallery style, highlighting products and technology from the industry throughout the past 30 years.

IDEX and NAVDEX provide a globally leading platform, showcasing the latest international defence innovations and technologies, along with the most advanced technology and equipment developed by defence industries across the world. The previous editions in 2021 recorded renowned success, welcoming over 62,000 visitors and more than 900 local, regional and international companies from 59 countries, in addition to hosting 35 national pavilions.

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