· Contract Awarded by Ministry of Defence and UAE Navy
· Deal Marks Largest-ever Order for Company
Abu Dhabi, UAE: ADSB, the regional leader in the new build, repair, maintenance, refit and conversion of naval and commercial vessels, was today awarded an AED3.5 billion contract by the Ministry of Defense (MOD) and UAE Navy, to build Falaj 3-class Offshore Patrol Vessels (OPVs).
The new contract is the largest-ever order received by ADSB and reinforces the company’s vision of becoming the leading regional shipyard through delivering innovative and dependable solutions that add value to clients and other stakeholders, both military and civilian.
Khalid Al Breiki, Chairman of ADSB and President – Mission Support, EDGE said: “This order represents a resounding vote of confidence in ADSB from the MOD and the UAE Navy. The contract will provide the company with a platform for sustainable profitable growth, while maintaining strategic national assets that are critical to the defence of the UAE.”
David Massey, CEO of ADSB, said: “ADSB’s relationship with key stakeholders has grown stronger since it has become a part of the EDGE Group. This contract underscores our mutual commitment to serving the UAE Navy with the right products and advanced shipping solutions – to enable a secure future. We look forward to expanding and enhancing our portfolio of vessels.”
With core technical expertise in marine and naval project management, ADSB previously built the UAE Navy’s Baynunah-class corvettes, the last of which was delivered in 2017. The Falaj-3 class is a highly flexible and versatile offshore patrol vessel used to carry out a wide range of missions.
Running one of the most advanced shipyards in the Middle East, ADSB operates three main naval programmes: corvettes, offshore patrol vessels and fast patrol boats. The company also offers a full range of maintenance, repair and refit, upgrade and conversion, as well as engineering consultancy services.
ADSB is part of the Platforms & Systems cluster of EDGE, an advanced technology group for defence and beyond, which ranks among the top 25 military suppliers in the world.
About ADSB:
Abu Dhabi Ship Building (ADSB) is the regional leader in the new build, repair, maintenance, refit and conversion of naval and commercial vessels, and runs one of the most advanced shipyards in the region with a successful track record spanning almost a quarter of a century. Part of the Platforms & Systems cluster of EDGE, ADSB plays a key role in increasing the UAE’s naval defence capabilities and in keeping the UAE’s maritime fleet in prime operational condition. The company is also involved in the civilian energy sector, providing fabrication, maintenance and refurbishment services for static offshore energy infrastructure.
About EDGE:
EDGE is an advanced technology group established to develop agile, bold and disruptive solutions for defence and beyond. Enabling a secure future, it is dedicated to bringing innovative technologies and services to market with greater speed and efficiency.
Consolidating over 25 entities and employing more than 13,000 brilliant minds, it offers expertise across five core clusters: Platforms & Systems, Missiles & Weapons, Cyber Defence, Electronic Warfare & Intelligence and Mission Support.
Headquartered in Abu Dhabi, United Arab Emirates, EDGE is a catalyst for change – set to revolutionise the industry and change its fundamentals.
