Abu Dhabi’s Mubadala eyes bigger regional military supply chain role

democracy-vs-uae_regime-Strap-on-bomb-kit-systemsAbu Dhabi’s Mubadala eyes bigger regional military supply chain role
April 6, 2014 Abu Dhabi

Mubadala, a public joint stock company (PJSC), by the Government of of Abu Dhabi, UAE, is looking at how it can become a bigger player in the region’s military supply chain, its top aerospace executive said on Sunday. “What we would like to do is see how we can synergize these activities and line them up in a manner where we can actually start building a bigger presence in the region,” said Homaid Al Shemmari, CEO, Mubadala Aerospace and Engineering Services.

‘Democracy Vs. Authoritarianism’
A photograph of ‘Al Tariq’ Strap-on bomb kit systems, manufactured by Tawazun Dynamics

Mubadala, Tawzaun and Emirates Advanced Investment announced last week that they had signed a Memorandum of Understanding to explore a unification of their defence services businesses. Al Shermmari, speaking at a media roundtable in Abu Dhabi on Sunday, confirmed that discussions between the three companies will start immediately. However, he stopped short of confirming a full-fledged merger of the three.

He said the companies will be open about their strategies so that they can find a mutually beneficially model.

Al Shemmari said he is interested in providing training, maintenance, supply chain, storage management and maintenance, repair and overhaul services to the region.

Photograph: Democracy Vs. Authoritarianism

‘Al Tariq’ Strap-on bomb kit systems, manufactured by Tawazun Dynamics
The UAE Armed Forces has recently placed an order for the production of an undisclosed quantity of Tawazun Dynamics’ Al Tariq precision-guided weapon systems at a total value of Dh 1.8 billion (US$500 million). Al Tariq is a family of strap-on bomb kit systems, custom made for Mk81, Mk82 and Mk83 bombs. Expertly utilising GPS/INS guidance, increased targeting accuracy by utilising Semi Active Laser or Imaging Infrared seekers. Al Tariq provides users with all weather, day/night operational capabilities.

About Mubadala Development Company
‘Mubadala’ was established in October 2002 as a public joint stock company (PJSC), by the Government of the Emirate of Abu Dhabi, UAE, as a principal agent. Focused on investment and development across multiple sectors, Mubadala’s portfolio is valued at more than US $55 billion. Mubadala is an active investor in sectors and geographies that hold exciting potential and tangible returns, working in partnership with a number of world-class organizations. As of 2013, Mubadala has operations spanning in more than 17 countries. H.H. Sheikh Mohamed Bin Zayed Al Nahyan, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is Chairman of the company. Mubadala is the Arabic word for “exchange.”

About Tawazun Dynamics
Tawazun Dynamics was set up in September 2012 as a joint venture between Tawazun Holding and the Dynamics division of South Africa’s largest defence manufacturer, Denel.
Tawazun Dynamics, a member of the Tawazun Group, is operating its Abu Dhabi-based facility for the development, manufacture, assembly and integration of precision-guided systems for conventional air munitions. The company is 51% owned by Tawazun and 49% by Denel.

IDEX

The International Defence Exhibition and Conference (IDEX), Abu Dhabi,is the region’s largest tri-service defence show for the industry to showcase emerging technology, equipment, trends and strategy. “Mubadala is the principal participant of the IDEX along with eight of its subsidiary companies that support the UAE Armed Forces and regional militaries. From 2011 onward, the Naval Defence Exhibition (NAVDEX) running in parallel, the combined events will feature a comprehensive array of land, sea and air defence systems and equipment.

NAVDEX
NAVDEX, the Maritime Security Area features local and international exhibitors who specialise in naval, maritime and coastal security technology, equipment and crafts. NAVDEX also features, on-water exhibits, daily demonstrations and visiting navy vessels. Abu Dhabi Ship Building, a Mubadala subsidiary, is a leading participant at the NAVDEX. IDEX and NAVDEX takes place biennially at the Abu Dhabi National Exhibition Centre (ADNEC), which is centrally located in Abu Dhabi, the capital of the United Arab Emirates.

About Abu Dhabi
The United Arab Emirates (UAE) is a federation of seven Emirates situated on the Arabian peninsula. The Emirate of Abu Dhabi has a population of 2 million and holds 9% of the world’s oil reserves and 5% of the world’s gas reserves. Abu Dhabi is the capital of the United Arab Emirates (UAE).

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