Etimad Holding Group and Israel Aerospace Industries have signed an MOU during the IDEX 2023 exhibition.
During IDEX 2023, Etimad Holding Group and Israel Aerospace Industries inked a memorandum of understanding. The memorandum of understanding calls for enhancing military and security-related ties and talking about potential avenues for future collaboration.
“The IDEX exhibition is an important opportunity for national companies to discuss ways of cooperating with regional and international companies operating in the same sector. We aim to benefit from the latest experiences, exchange knowledge in the security and defense field, and learn about new developments in the field of defense and security,” said Khaled Al Ali, Chairman and CEO, Etimad Holding Group. “We hope that the cooperation agreement signed today with IAI will benefit everyone, and that IDEX will open new horizons for cooperation with other international defense companies,” he further added
Etimad Holding is a technology solutions and services company with a dedicated focus on security system solutions, system integration, project fulfillment and execution. The company is dynamic and has highly skilled individuals capable of providing solutions in our field as per the user’s requirements/demands.
“The close relationship that IAI has developed with Etimad over the past few years has enabled us to leverage our mutual collaboration and together offer solutions to our customers around the world. Since the signing of the Abraham Accords, IAI is further investing in our relationship with the UAE and the Gulf region. We have established a local office in Abu Dhabi, which will help us expand partnerships and collaboration for long-term relationships, to leave an impact through ourmutually-beneficial technological innovations”, said Boaz Levi, President and CEO, IAI.
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Israel Aerospace Industries or IAI is Israel’s major aerospace and aviation manufacturer, producing aerial and astronautic systems for both military and civilian usage. It has 15,000 employees as of 2018. IAI is completely state-owned by the government of Israel.
