How UAE defence giant EDGE Group plans to double its exports
In 2022, EDGE Group signed a contract valued at more than $1 billion with Angola for three BR71 MKII corvettes and has been looking to repeat its export success. (Photo: Shephard/Harry Lye)
EDGE Group has set its sights on doubling its international footprint through an aggressive export strategy.
In 2022, the company saw its order intake surpass US$5 billion of which exports accounted for 30%, buoyed by a more than $1 billion contract signed with Angola for three BR71 MKII corvettes.
In an interview with Shephard and selected media, EDGE Group CEO Hamad Al Marar explained that the company’s exports accounted for 20% on average each year and that 2022 was an exceptional year with a large contract.
“We're aiming to get to 40% of exports [accounting for orders] and I
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
UK releases security strategy and plans for future defence spending boost
The UK’s National Security Strategy brings together the recently released Strategic Defence Review (SDR), Strategic Security Review, AUKUS Review and Industrial and Trade Strategies. At the same time, the UK made a commitment to reach defence spending of 5% of GDP by 2035 and Germany committed to 3.5% by 2029.
-
Pentagon’s FY26 defence budget proposal is $130 billion more than US Congress plans to provide
The House Committee on Appropriations approved a FY2026 bill reducing investments in main defence programmes.
-
What role could holographic and 3D capabilities play in the warfare of tomorrow
Holographic and 3D technologies have been lauded by some for their ability to provide technical and operational advantages for military training and planning. But is the hype truly justified?
-
Unfolding the Golden Dome for America: Seven things you should know about the programme
Shephard talked to multiple experts about the most pressing concerns and considerations regarding the air defence system advocated by President Trump.
-
Industry welcomes UK Strategic Defence Review, but pressure remains on future defence investment plans
While industry reception to the SDR has been positive, questions still remain from analyst and trade associations about what this could mean for future investment and the future UK Defence Industrial Strategy.