EDGE will control 51 percent of the joint venture, giving it the right to produce Fincantierri’s ships for the region.
By Agnes Helou and Tim MartinSpeaking at Saudi Arabia’s World Defense Show, EDGE Group’s Hamad Al Marar told Breaking Defense provided updates on a number of EDGE iniatives, including a new deal with a Turkish drone maker.
By Agnes HelouNIMR has teamed with Saudi Arabia’s SAMI to eventually locally produce the JAIS inside the Kingdom, NIMR CEO Abri du Plessis told Breaking Defense.
By Agnes HelouAt UMEX 2024 in Abu Dhabi, EDGE announced a number of deals and business moves, and in an interview its chairman promised further expansion as the company plays a “disruptive flavor of player.”
By Agnes Helou“It is the first time a Turkish drone maker is certifying a foreign munitions or smart solutions to be integrated on its platforms,” analyst Can Kasapoglu told Breaking Defense.
By Agnes Helou“It will be interesting to see how EDGE succeeds or not with [their] strategy, but given the market and the way it’s behaving, there should be positive results for the company,” one analyst told Breaking Defenes. “Time will tell.”
By Agnes HelouThe lion’s share of the total dollar figure is due to a $1.1 billion (4.1 billion AED) arrangement EDGE signed with the UAE Ministry of Defense for aircraft munitions.
By Agnes HelouCalidus CEO Khalifa Alblooshi told Breaking Defense in an exclusive interview the company hopes to start delivering the turboprop aircraft in mid-2026.
By Agnes HelouThree different munitions — the Mk81, Mk82 and longer-range Mk83 guided bombs made by EDGE subsidiary Al Tariq — will all be integrated on the fourth generation plane in due course, Al Tariq CEO Theunis Botha told Breaking Defense.
By Tim Martin and Agnes Helou“We’re always looking at making investments in autonomous capabilities, precision guided munitions and electronic warfare,” Miles Chambers, Edge Group vice president of international business, told Breaking Defense.
By Agnes HelouA nearly $3 billion deal for 18 MQ-9B SkyGuardians was put on hold by the Biden administration, linked to concerns over the Gulf nation’s embrace of Chinese wireless tech.
By Agnes HelouRussia so-far appears to have a muted appearance, Ukraine none at all, but American and Chinese companies will be out in force for this year’s Dubai Airshow.
By Agnes HelouAbu Dhabi-based EDGE Group has made several high-profile plays to establish itself in the Brazilian market.
By Agnes HelouEDGE, a conglomerate of more than 25 subsidiaries, is looking to Brazil as entry into a “niche region that has the ambitions to build up their militaries but don’t face pressing military threats,” one analyst said.
By Agnes Helou