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Bayanat, Collins Aerospace partner to develop cutting-edge aerospace solutions

Bayanat, Collins Aerospace partner to develop cutting-edge aerospace solutions

DUBAI, 21st November 2019 – Bayanat, a developer of comprehensive geospatial solutions and data aggregation services, today announced that it has signed an agreement with Collins Aerospace, a US-based aerospace and defense firm, to develop advanced aerospace solutions. The project is being developed under Tawazun

Tawazun negotiating AED1.1 billion deal for procurement of 200 VRT helicopters for Abu Dhabi

Tawazun negotiating AED1.1 billion deal for procurement of 200 VRT helicopters for Abu Dhabi

ABU DHABI, 20th November, 2019 — The Tawazun Economic Council, Tawazun, today announced the start of negotiations for the procurement of 200 VRT multipurpose civilian helicopters at a cost of AED1.1 billion, which will be used across both government and private entities in Abu Dhabi.

UAE, France bolster defence cooperation

UAE, France bolster defence cooperation

DUBAI, 19th November, 2019 — As part of their joint commitment to build industrial capabilities and innovative solutions, Tawazun Economic Council “Tawazun”, the UAE defence and security industry enabler and the Direction générale de l’armement, DGA, the French government defence procurement and technology agency, have

Strata delivers Empennage Ribs for Boeing 777x

Strata delivers Empennage Ribs for Boeing 777x

AL AIN, 17th November, 2019 — Strata Manufacturing, the advanced composite aero-structures manufacturing facility wholly-owned by Mubadala Investment Company, has successfully delivered its first shipset of Empennage Ribs for the 777X, the world’s largest and most efficient twin-engine jet produced by Boeing. The announcement, made

Emirates Defence Companies Council celebrates achievements at 2019 Annual Meeting

Emirates Defence Companies Council celebrates achievements at 2019 Annual Meeting

ABU DHABI, 13th November 2019 – Emirates Defence Companies Council, EDCC, an initiative of Tawazun Economic Council, Tawazun, hosted its 7th Annual Meeting on Wednesday, highlighting council’s numerous achievements during the year and future facilitation to support UAE defence companies. The meeting was attended by

Tawazun Strategic Development Fund launches its new Venture Debt Programme for AED 700 million

Tawazun Strategic Development Fund launches its new Venture Debt Programme for AED 700 million

ABU DHABI,13th November 2019 — Tawazun Strategic Development Fund, TSDF, previously known as the Defence and Security Development Fund, the investment arm of Tawazun Economic Council, today announced the launch of the Venture Debt Programme in partnership with each of the following banks, First Abu