Dubai: UAE’s Ministry of Defence and Tawazun Economic Council have signed an agreement to establish and organize research and development (R&D) planning for the defense and security sectors.
The parties have agreed to establish and organize R&D activities in various and targeted fields of defense, including dual-use applications.
“This is in order to ensure development of national defense capabilities that meet UAE Armed Forces operational requirements and evaluate them against the UAE’s defense and security goals and objectives,” a statement said.
Mohammed Al Bowardi, Minister of State for Defense Affairs, said that with the deal the Ministry formally recognizes an already existing close relationship with Tawazun.
IDEX 2021: Tawazun to manage procurements, contracts of UAE Armed Forces and Abu Dhabi Police gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.
Tawazun, Yahsat to develop Made in UAE satcom solutions tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
ABU DHABI, 23th February, 2021 (WAM) Tawazun Economic Council and the UAE’s flagship satellite services operator, Yahsat, have signed a Memorandum of Understanding (MoU) to establish a new company to develop critical in-country capabilities in relation to the development and manufacture of advanced satcom solutions within the UAE, with a focus on building intellectual property locally for increased national security and advanced technology development.
The MoU confirming the planned collaboration was signed during IDEX 2021 by Eisa Al Shamsi, Deputy General Manager of Yahsat.