Adani Defence, Edge Group Sign Cooperation Agreement In Security

Adani Group will explore the establishment of research and development facilities in India and the UAE.

(Source: Adani Defence And Aerospace)

Adani Defence & Aerospace has signed a cooperation agreement with Edge Group, a top advanced technology and defence company from the UAE. The agreement aims to establish a global platform that combines the defence and aerospace capabilities of both companies to bring together their respective product portfolios and cater to the requirements of global and local customers, according to a release on Tuesday.

This partnership will explore cooperation across several key product areas of Edge and Adani Defence, including missiles and weapons for air, land, and infantry use, ammunition, air defence products, platforms and systems covering unmanned aerial systems, loitering munitions, counter-drone systems and unmanned ground vehicles, as well as electronic warfare and cyber technologies.

Adani Group will explore the establishment of research and development facilities in India and the UAE, setting up of development, production, and maintenance facilities of defence and aerospace solutions to not just serve the two captive markets, but also southeast Asian and wider global markets, it said.

The agreement with Adani Defence reinforces Edge's commitment to India’s defence industry, a market of strategic importance for the group, according to the release.

"Our collaboration marks the beginning of a new era in enhancing defence capabilities, emphasising our commitment to advance technological prowess and promoting bilateral defence cooperation between India and the UAE," Ashish Rajvanshi, chief executive officer of Adani Defence, said, "It is a reflection of our shared vision to fortify our nation's capabilities by not just delivering cutting-edge solutions for the two countries but also setting new benchmarks in the global defence landscape."

"Our agreement with Adani Defence & Aerospace represents a significant milestone, strengthening our ties within India's defence industry, and underscoring our mutual commitment to advancing UAE-India military ties," Hamad Al Marar, managing director and CEO of Edge Group, said.

"This agreement reflects our dedication to bringing our customers the most advanced and sophisticated products to the market, while taking advantage of the global export potential including critical UAE-grown technology," he said.

"We are keen to set up the joint platform between Adani Defence and Edge to pioneer new technologies and set new standards in advanced military equipment and defence sector," Marar said.

Also Read: Adani Ports' New Deal Could Lead To Faster Volume, Earnings Growth: Morgan Stanley

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