"It will be interesting to see how EDGE succeeds or not with [their] strategy, but given the market and the way it's behaving, there should be positive results for the company," one analyst told Breaking Defenes. "Time will tell."
Vice Adm. Angus Topshee in a video posted Monday said the problems plaguing his fleet threaten the service's ability to meet its obligations next year and "beyond."
The lion's share of the total dollar figure is due to a $1.1 billion (4.1 billion AED) arrangement EDGE signed with the UAE Ministry of Defense for aircraft munitions.