UAE announces $2 billion in defence contracts, confirms Saab GlobalEye deal


The United Arab Emirates armed forces on Monday announced at the Abu Dhabi defence exhibition it had signed defence contracts worth 7.293 billion dirhams ($2 billion) with local and international firms, state news agency WAM reported.

The deals included a 3.74 billion dirhams contract with Saab for GlobalEye surveillance systems that was disclosed by the manufacturer in January. It also included a 2.61 billion dirhams agreement for Patriot missiles from Raytheon.

A day earlier, the armed forces announced 5 billion dirhams in local and international deals on the first day of the week-long exhibition.