Tawazun Council, the UAE's defence
and security acquisition authority, has assigned to Maestral,
the Abu Dhabi-based shipbuilding joint venture between
Fincantieri and Edge, an In-Service Support Strategic
Partnership Project for the entire Navy fleet of the United Arab
Emirates, Fincantieri and Edge announced in a statement on
Monday.
Tawazun Council is an independent government entity that works
closely with the Ministry of Defence and security agencies in
the United Arab Emirates.
The value of the agreement is of approximately 500 million euros
over a five-year period.
Maestral will serve as the Industrial Strategic Partner,
overseeing comprehensive maintenance management of the UAE Navy
to meet key operational and logistical needs, the statement
said.
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