Edge Group
Edge Group is holding company of defense products and weapons in the United Arab Emirates (UAE). The company produces armored vehicles, missiles, unmanned aircraft, weapons.[1][2]
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Native name | Arabic: مجموعة إيدج ش.م.ع |
|---|---|
| State-owned enterprise | |
| Industry | Defense industry  |
| Founded | November 5, 2019 in Abu Dhabi, United Arab Emirates |
| Headquarters | , |
Area served | worldwide |
Key people | Faisal Al Bannai (CEO) |
Number of employees | 12,000 |
| Website | edgegroup.ae |
History
On 5 November 2019, the holding of the defense industry Edge Group was formed, which includes more than 25 companies from such as Emirates Defence Industries Company, Emirates Advanced Investments Group and others holding company based in UAE.[3]
In the same month, the company signed a strategic cooperation agreement with the largest metallurgical plant of Emirates Iron Company, the Edge Group earned $5 billions from sales in 2019.[4][5]
Subsidiaries
- NIMR (vehicle manufacturer)[6]
- Caracal International[7]
- Thales Advances Solutions (joint-venture with Thales Group)[8]
References
- Abu Dhabi Launches EDGE Advanced Defense Technology
- EDGE CEO looks to expand opportunities and increase turnover
- Helou, Agnes (6 November 2019). "UAE launches 'Edge' conglomerate to address its 'antiquated military industry'". Defense News. Retrieved 1 January 2020.
- Faisal Al-Bannai: Edge Sales $ 5 Billion
- UAE largest metallurgical plant signs memorandum of understanding with EDGE
- "NIMR". nimr.edgegroup.ae. Retrieved 2019-01-01.
- Awad Mustafa (2015-02-21). "EDIC Acquires 5 More Companies". defensenews.com. Retrieved 2017-11-14.
- "Presence / United Arab Emirates". thales.com. Retrieved 2017-11-14.
Since 2009, the joint venture Thales Advanced Solutions (TAS) - a subsidiary of Emirates Defence Industries Company (EDIC) - [...]
External links
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