Abu Dhabi Ship Building signs agreement worth AED 870 million with the UAE Armed Forces

Abu Dhabi Ship Building ( ADSB ) has signed an agreement with the UAE Armed Forces to build two combat ships equipped with multi-tasking equipment and advanced communication devices at a total value of AED 870 million.

As a strategic partner of the UAE Armed Forces, ADSB is committed to delivering the best quality standards and leveraging the latest technologies in the construction of these ships.

Abu Dhabi Ship Building ( ADSB ) provides construction, repair and refit services for naval, military, and commercial vessels. Headquartered in Abu Dhabi, UAE and established in 1996, ADSB was originally formed

to support the repairs and refits of UAE Navy vessels, and now has

a portfolio of construction and refit projects worth over AED 3 billion. Joint ventures and service agreements with world renowned companies allow ADSB to provide world-class support services to GCC maritime security forces.

ADSB leverages its reputation, central location and global network of strategic partners to consolidate its position as a leading shipbuilder and support contractor for naval, military and commercial operators in the region.

ADSB is 10% owned by the Abu Dhabi government, 40% owned by Mubadala Development Company, and 50% publicly traded on Abu Dhabi's Securities Exchange


Source: ADSB

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