Elettronica and ETIMAD Holding have signed a Strategic Partnership for the establishment of ILS Hubs for Electronic Warfare Systems (fEW) in the United Arab Emirates.
With the signing of this agreement, Elettronica (ELT) will collaborate with Etimad Holding and its subsidiaries to establish an integrated logistics hub for EW systems in the UAE, as unique solutions for the end user.
ETOMAD Holding and its subsidiaries will provide repair and maintenance of ELT’s EW systems on an exclusive basis together with ELT and assist ELT in the sale of its products by combining their mutual capabilities to provide services as per the needs/demands of users.
In addition, both parties will cooperate jointly for the localization of system integration and the command and control of ELT sensors and actuators.
Enzo Benigni, Chairman and CEO of Elettronica expressed full satisfaction with this agreement: “Our relationship with the United Arab Emirates is very deep and we continue to work to make it stronger. That is why I am honored to sign this strategic partnership agreement with ETIMAD, a very important holding company based in the United Arab Emirates. The signing of this agreement is just one step forward, we will continue to collaborate, share and enrich our capabilities”.
Khalid Al-Ali, CEO of ETIMAD Holding, expressed enthusiasm for this agreement: “By signing this agreement, ETIMAD expands its strategic partnership with the aim of adding value in the country to the UAE. This agreement is the first milestone of a long-term strategic cooperation between Elettronica and ETIMAD solutions. I am delighted to have Elettronica as our partner and our collaboration”.
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