The first munitions factory in the United Arab Emirates (UAE), worth Dh268 million, will soon be established at the Zayed Military City in the capital to cater to the needs of the armed forces in the UAE and the region.
Three companies have have come together in a joint venture to build the Al Burkan munitions factory: Tawazun Holding LLC, an investment company established by the Offset Program Bureau of the UAE; Al Jaber Trading Establishment, part of Al Jaber Group; and Rheinmetall Munitions Systems, a German armaments manufacturer.
Expected to start production by mid-2009, the factory will use technology from world-class suppliers in manufacturing, loading, testing, and assembling various ordnance, including aircraft bombs, artillery and naval rounds, and small arms ammunition.
Rico says: just what they need in that part of the world; more things that go bang and boom...
30 November 2007
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