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The Dollar Business Bureau Reliance Defence Limited (RDL) on Monday said that it has signed an agreement with Emirates Defence Industries Co. (EDIC) to jointly develop defence products, ships, aviation and MROs.  “RDL and EDIC have agreed to jointly explore the opportunity for manufacturing and building capabilities in defense vehicles, aviation and associated areas, defence equipment and armament manufacturing, defence electronics, commercial and naval ships, MRO of military equipment/platforms,” the company said in a statement.  Through this MoU, the two companies will explore the opportunity in the UAE defense industry, where the costs for setting up facilities, recruiting and developing scientists and engineers are high.  This partnership is aimed at bringing synergy to cut down operational costs and leveraging each others’ ...

The Dollar Business Bureau Reliance Defence Limited (RDL), a subsidiary of Reliance Infrastructure Limited, has signed an agreement with Abu Dhabi Ship Building (ADSB) for the setting up of a strategic partnership for the construction of naval ships to cater to the demands of the Gulf Cooperation Council over the next 10 years. “Under this MoU, RDL and ADSB are investigating the opportunity to set up a strategic partnership for the construction of naval ships, including frigates, destroyers and other specialised vessels to address the Gulf Cooperation Council (GCC) over the next 10 years. “The agreement could also see ADSB delivering maintenance repair, overhaul and refit services to the vessels, in line with regioan requirements," the Anil Ambani-led firm said in ...