United Arab Emirates’ defence giant, EDGE Group, has signed a comprehensive industrial partnership with the Republic of Korea’s Defense Acquisition Program Administration (DAPA).
The Defence Industry Cooperation Framework, a significant milestone in the bilateral defence partnership between the two countries, was signed during a recent visit by high-level officials to Abu Dhabi, United Arab Emirates, on 27 February.
The agreement will span integrated air defence, advanced aircraft and maritime capabilities, with cooperation valued at approximately US$35 billion.
“The agreement was signed by H.E. Faisal Al Bannai, adviser to the UAE president for Strategic Research and Advanced Technology Affairs and chairman of the board of directors of EDGE, and Mr Lee, Yong Cheol, Minister of DAPA, in the presence of other senior officials from the UAE and Republic of Korea,” according to a public statement from EDGE Group.
“The visit underscored the enduring strength of the ‘Special Strategic Partnership’ between the two nations.
“The MOU establishes a framework for comprehensive defence industry cooperation, encompassing design, development, training and maintenance, moving beyond a traditional procurement relationship toward deeper, long-term collaboration.
“Areas of cooperation include integrated air defence systems, advanced aircraft capabilities and maritime power, with defence cooperation under the framework expected to amount to approximately US$35 billion.”