Edge to acquire 100% control of AMMROC
Abu Dhabi-based defence conglomerate Edge is to take full control of AMMROC, after agreeing a deal to buy Lockheed Martin’s 40% stake in the aerospace MRO company.
Edge did not disclose the value of the transaction when it announced the deal on 21 July. It still requires regulatory approval to proceed.
‘Going forward, we will continue to explore emerging business opportunities with Lockheed Martin and Sikorsky to further strengthen our relationship,’ said Faisal Al Bannai, chief executive and managing director of Edge.
AMMROC is the only authorised Lockheed Martin C-130 service centre in the Middle East. It also provides MRO services for the F-16 and is the depot MRO hub for comprehensive UH-60 Black Hawk helicopter components.
The full acquisition of AMMROC is part of a distinct strategy in the UAE to drive indigenous defence manufacturing capabilities and capture industrial workshare in international programmes, with Edge at the forefront of this effort.
Edge was established in November 2019 by the UAE government to develop advanced technology for weapons systems, cyber protection and EW.
More from Defence Notes
-
![Just Released: Military Training Technology Report October 2024 now available to read]()
Just Released: Military Training Technology Report October 2024 now available to read
How the latest portable simulation solutions can deliver JTAC training wherever it is needed
-
![Just released: Night Vision & Situational Awareness Technology Report 2024 now available to read]()
Just released: Night Vision & Situational Awareness Technology Report 2024 now available to read
How night vision devices and soldier-worn sensors are underpinning advanced tactical C4ISR capabilities
-
![How temporary funding could affect the US military’s critical acquisition programmes]()
How temporary funding could affect the US military’s critical acquisition programmes
Operating under continuing resolutions would affect Patriot, Virginia-class, Columbia-class and B-21 programmes.
-
![Brazil’s proposed $23.7 billion defence budget targets GDP-linked military funding]()
Brazil’s proposed $23.7 billion defence budget targets GDP-linked military funding
Brazil’s 2025 budget proposals will see a 5.9% increase in defence spending, with funds allocated for key programmes including the procurement of helicopters, armoured vehicles and nuclear-powered submarines, despite looming fiscal challenges.
-
![Russia is evading sanctions and purchasing US components for its arsenal, warns US Senate]()
Russia is evading sanctions and purchasing US components for its arsenal, warns US Senate
Democratic Senator Richard Blumenthal has claimed that Russian bombs, missiles and drones “supported by American technologies” have been fatally used on Ukrainians soldiers and civilians.
