EDGE Group and Leonardo to Strengthen Strategic Partnership with Groundbreaking Joint Venture
EDGE Group, one of the world’s leading advanced technology and defence groups, have confirmed their mutual intent with Italy’s Leonardo to establish a joint venture (JV) in Abu Dhabi, the United Arab Emirates (UAE). The JV will create a cutting-edge technology hub in the UAE, strategically positioned to serve global markets through a unified and synergistic approach.
The memorandum of understanding (MOU) was signed by the Chairman of EDGE Group Faisal Al Bannai, together with CEO and General Manager of Leonardo Roberto Cingolani during a recent visit to Abu Dhabi. This agreement marks the latest step in strengthening the collaboration between EDGE and Leonardo.
The new JV will represent a landmark in global defence collaboration, covering multiple domains and integrating some of the most advanced and sophisticated technologies, including naval command and control (C2) systems and combat system ballistic missile defence, counter-unmanned aerial systems (C-UAS), airborne capabilities for maritime multi-mission aircraft (MMA); optronics, air defence, and high-performance computing (HPC) electronics for missile applications.-edg/adj/dl (Pix:EDGE)