Key Takeaways
- EDGE Group announced a $7 billion deal with Indonesia.
- The program includes modernization of Indonesian Armed Forces.
- Export sales aim to cover EDGE’s expenses in the future.
EDGE Group unveiled several new systems at the Dubai Airshow and announced over a dozen new deals or cooperation agreements, including a $7 billion deal with Indonesia. CEO Hamad Al Marar emphasized the importance of exports in covering EDGE’s expenses and diversifying its clientele. The deal includes modernization of Indonesian Armed Forces and localization of defense hardware in the country.