EDGE, one of the world’s leading advanced technology and defense groups, has signed a $27 million (AED 99 million) agreement to supply an ammunition production line to PT Pindad, an Indonesian state-owned enterprise and one of Asia’s leading defense manufacturers.
The agreement is for the production of 5.56x45mm and 7.62x51mm caliber ammunition and was signed in the presence of the President-elect of Indonesia and Minister of Defense, Honourable Lt. General (Ret.) Prabowo Subianto, during an official visit to the UAE.
According to the statement, “Aligned with the Indonesian Ministry of Defense’s objective to increase local job creation and sovereign manufacturing capabilities, the ammunition facility is scheduled to commence production in 2026.”
The visit and agreement are part of an ongoing effort between both countries that aims to increase bilateral trade to $10 billion by 2030 under the Comprehensive Economic Partnership Agreement (CEPA).
EDGE
Launched in 2019, the UAE’s EDGE is one of the world’s leading advanced technology groups, established to develop agile, bold, and disruptive solutions for defense and beyond, and to be a catalyst for change and transformation.
With a focus on the adoption of 4IR technologies, EDGE is driving the development of sovereign capabilities for global export and for the preservation of national security, working with front-line operators, international partners, and adopting advanced technologies such as autonomous capabilities, cyber-physical systems, advanced propulsion systems, robotics and smart materials.
EDGE converges R&D, emerging technologies, digital transformation, and commercial market innovations with military capabilities to develop disruptive solutions tailored to the specific requirements of its customers.
