Saturday, May 10, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

EDGE, ASSAN Partner to Boost Global MK Munitions Supply Chain

Simon Osuji by Simon Osuji
October 29, 2024
in Military & Defense
0
EDGE, ASSAN Partner to Boost Global MK Munitions Supply Chain
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


UAE firm EDGE has signed three agreements with Turkish ammunition manufacturer ASSAN to supply MK aerial munitions components.

MK munitions, used in air-dropped bombs, are compatible with various guidance kits.

Under the first agreement, EDGE subsidiary LAHAB will supply MK munitions to ASSAN, enhancing availability for customers across Africa. This partnership aims to promote mutual growth through an exchange of resources and technical expertise.

In a parallel effort, LAHAB will introduce Warsaw-configured MK munitions to its existing portfolio with support from ASSAN, to meet the needs of its current customers.

A third agreement designates ASSAN as a key supplier of NATO-standard MK munitions components to LAHAB, a move expected to strengthen LAHAB’s supply chain.

“These agreements with ASSAN Group represent a pivotal move in strengthening our international partnerships and expanding our global footprint,” EDGE Managing Director Hamad Al Marar said.

Emin Öner, Chairman of ASSAN Group, described the partnership as an “important step toward getting into the global defense market.”

UAE-Turkey Defense Relations 

Turkish and Emirati companies have consolidated several partnerships in the defense sector.

Earlier this year, EDGE signed a deal with the Turkish drone manufacturer Baykar to equip its TB2s with Desert Sting 16 GPS- and laser-guided bombs.

In 2023, the two countries’ leaders signed a set of agreements worth $50.7 billion to establish a strategic economic collaboration, which included investments to strengthen defense industry relations, particularly in land and naval unmanned systems and air defense.

The same year, Abu Dhabi and Ankara signed a defense cooperation agreement between UAE-based Black Cobra Military Supplies and Turkey’s Defense and Aviation Cluster.



Source link

Related posts

Ghana receives 14 PUMA M36 M3 MRAPS from the US

Ghana receives 14 PUMA M36 M3 MRAPS from the US

May 10, 2025
Tightening the legal noose for rhino poachers

Tightening the legal noose for rhino poachers

May 10, 2025
Previous Post

Seven businesses owned by Nigerian business mogul and philanthropist Theophilus Danjuma

Next Post

Russia admits that Tanzania’s geography could help with its logistics

Next Post
Russia admits that Tanzania’s geography could help with its logistics

Russia admits that Tanzania’s geography could help with its logistics

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

BRICS Currency Officially Unveiled

BRICS Currency Officially Unveiled

7 months ago
A Transformational Business Analytics MSc Journey at Montclair

A Transformational Business Analytics MSc Journey at Montclair

2 years ago
Sheikh Hamdan launches Hewi Dubai to transform public spaces in city

Sheikh Hamdan launches Hewi Dubai to transform public spaces in city

4 days ago
Dominica’s economy has fully recovered, says IMF staff concluding statement 2024

Dominica’s economy has fully recovered, says IMF staff concluding statement 2024

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Matthew Slater, son of Jackson State great, happy to see HBCUs back at the forefront

    0 shares
    Share 0 Tweet 0
  • Dolly Varden Focuses on Adding Ounces the Remainder of 2023

    0 shares
    Share 0 Tweet 0
  • US Dollar Might Fall To 96-97 Range in March 2024

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.