Ukroboronprom signed USD 1bn agreements with EDGE Group to expand military-technical cooperation

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Director General of Ukroboronprom Yuriy Gusev signed agreements and contracts with Tawazun Economic Council and EDGE Group to expand military-technical cooperation totaling more than USD 1 billion.

The agreement with EDGE on military and technical cooperation will allow the exchange and development of advanced technologies.

“EDGE places a strong emphasis on joint development and collaboration. Signing this tri-party agreement demonstrates our intent to cooperate with leading international companies within the defence industry.

We are excited about the opportunities that present themselves for the UAE and Ukraine to collaborate, exchange, and mutually benefit from one another’s military and technical capabilities,” CEO and Managing Director of EDGE Group His Excellency Faisal Al Bannai said.

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