Company is also the first in the Middle East to hold this distinction
Marking its first year, EDGE, the UAE’s advanced technology group for defence and beyond, was ranked among the top 25 military suppliers in the world by the Stockholm International Peace Research Institute (SIPRI), a think tank that specializes in data analysis of military expenditure and arms trade among other peace and security related matters.
With this being the first time that a Middle East company has been named among the biggest defence original equipment manufacturers (OEMs) and security exporters, EDGE’s presence is a notable ranking for the UAE and the region more broadly.
SIPRI reported that the sales of arms and military services by the largest 25 companies totalled US$ 361bn in 2019, with EDGE accounting for 1.3 per cent of this estimate.
“As we continue to build the UAE’s sovereign capabilities and develop partnerships for export growth, we remain excited about what the future holds,” affirmed .Faisal Al Bannai, CEO and Managing Director, EDGE.
EDGE, established in November 2019, offers expertise in five core clusters: Platforms & Systems, Missiles & Weapons, Cyber Defence, Electronic Warfare & Intelligence and Mission Support.
