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
-
Patria OPTIME and ILIAS: Orchestrating operational readiness across every domain
Patria OPTIME is a sustainment concept that integrates MRO and lifecycle services into one solution, powered by the ILIAS digital defence platform
-
US military seeks common controllers for drones and robotic systems
US Air Force, Army, Marine Corps and Special Operations Command initiatives signal demand for interoperable uncrewed systems control, creating opportunities for suppliers of hardware, software and integration services.
-
“Start planning much earlier”: delivering defence support in an era of disruption
In Conversation… The geopolitical landscape is increasingly uncertain, with the UK and its allies confronting the most unpredictable international environment for decades. To adapt, defence readiness must begin long before assets reach the front line, forging a resilient support enterprise that can thrive in a time of ongoing disruption, argue the partners of Team ORION.
-
“Communicating at mission speed”: why data security is essential for operational success
In conversation… Everfox’s Chairman and Chief Executive Officer Dave Wajsgras and Managing Director, International, Colin McKinty discuss the critical importance of information security in defence, minimising insider risk and the company’s international growth strategy with Shephard’s Andrew White.
-
“Engage with the operational problem”: how software innovation can boost UK defence
In Conversation… Shephard’s Andrew White talks to Zafer Şen, CEO and co-founder of OBSS, about the future of command-and-control software in the age of artificial intelligence, and his company’s ambitions in the UK defence market.