Abu Dhabi / WAM DRS Technologies Inc. was awarded an Indefinite Delivery, Indefinite Quality contract, IDIQ, worth up to US$22 million by the US Navy for updated communications systems that allow ship commanders to securely share real-time tactical data. The initial five-year contract for the Link-11/Link-22 tactical data system is worth $9.3 million, with a second five-year option that could …

  Abu Dhabi / WAM Emirates Defense Industries Company (EDIC) an integrated national defence services and manufacturing platform, announced the establishment of Barij Munitions, specialising in providing world-class ammunition products and services. The company will be a manufacturer of all kinds of ammunition, including small arm, infantry, artillery and air-craft munitions. Announcing the formal launch of the company on the second …

  Ras Al Khaimah / Emirates Business RAK Properties PJSC, Ras Al Khaimah’s largest property developer listed on the Abu Dhabi Stock Exchange, revealed continued growth and increased profit margins in 2016 following 12 months of key announcements and operational achievements. The company, which has been leading the residential and commercial development of Ras Al Khaimah while rolling out a …