Emirates Defence Industries Company

Emirates Defence Industries Company was a defence industry holding company, the company have decade of subsidiaries for defense industry.

Emirates Defence Industries Company
Native name
Arabic: شركة الإمارات للصناعات العسكرية
IndustryDefence
SuccessorEDGE Group
FoundedDecember 2, 2014 (2014-12-02)
Headquarters,
Area served
worldwide
Key people
Homaid Al Shemmari (Chairman)
Luc Vigneron (CEO)[1]
OwnerMubadala Development Company (60%)
Websitewww.edic.ae

History

In 2014, in the form of a merger of 11 divisions of state investment companies: Mubadala Development, Tawazun Holding and Emirates Advanced Invest Group[2][3]

EDIC is jointly owned by the Mubadala Development Company, an investment fund of the Emirate of Abu Dhabi (60%)[4] and Tawazun Holding.[5]

In November 2019, the holding company was adsorbed into EDGE Group, a new defence industry holding company owned also by United Arab Emirates government.

References

  1. Alain Establier (2015-09-08). "SDBR Interview with Luc Vigneron, CEO of the Emirates Defence Industries Company (EDIC)". rpdefense.over-blog.com (Interview). RP Defense. Retrieved 2017-11-14.
  2. "UAE merger creates defence services, manufacturing company". reuters.com. Thomson Reuters. 2014-12-02. Retrieved 2017-11-14.
  3. Gulf War Industry
  4. "Emirates Defence Industries Company". mubadala.com. Retrieved 2017-11-14. Mubadala holds a 60% share in the company.
  5. "Emirates Defence Industries Company Formed". nimr.ae. Retrieved 2017-11-14.
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