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Saturday, February 28, 2009

IDEX 2009 : Italy wins anti-submarine naval deal


Day four of the IDEX defense show came to a close with the announcement of another contract win for Italian industry.This time it was warship builder Fincantieri with a AED 430 million ($117 Million) deal to build an anti-submarine corvette for the United Arab Emirates navy.Yesterday Alenia Aermacchi secured selection of its M-346 jet trainer in an 48 aircraft order from the UAE air force.The Cigala Fulgosi class vessel will be similar to the six warships delivered to the Italian Navy earlier in the decade.The shipyard is currently building two of the corvettes for the Turkish Coast Guard but in a different configuration.Fincantieri officials said they hoped to deliver the UAE order within 20 months.


The Italian Navy sailed the Commandante Bettici, a Cigala Fulgosi-class warship to Abu Dhabi for the show. Other contracts announced today included 12 coast guard boats for the UAE.That deal has gone to local warship yard Abu Dhabi Ship Building. The contract concludes a stellar week for the company.Earlier contract announcements included the purchase of 12 new fast patrol boats and the modification 12 troop transport vessels into the same configuration by ADSB.The company is also involved with a Turkish ship yard in building a fleet of smaller high-speed patrol vessels.


Other deals announced today included the purchase of NEMO 120mm mortar systems from Patria of Finland, communications and artillery control systems from Thales and the upgrading of Black Hawk helicopters by Sikorsky. The deals revealed today came to AED 1.6 billion bringing the total for the week to AED 18.4 billion.

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