World growth
Based in 2019, Edge is owned by the federal government of Abu Dhabi. It produces weapons, drones, armoured automobiles, radios, radar methods and different army tools, in addition to know-how for ships and cybersecurity.
It has an order backlog of round $21 billion, with areas corresponding to Africa and Latin America driving progress, whereas concentrating on growth in Europe and Southeast Asia, Al Marar mentioned.
Throughout the air present, it signed offers with firms from international locations together with Italy, the US, and sealed a $7 billion cooperation settlement with Indonesia’s Republikorp to localise manufacturing there.
(Reporting by Federico Maccioni, enhancing by Elaine Hardcastle)
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