Money and business

"Edge" Expecting a letter of intent with the Hungarian Ministry of Defense to cooperate in the fields of innovation and research

Abu Dhabi, January 29 / WAM / Hungarian Ministry of Defense and Edge, one of the leading groups in the field of advanced technology and defense in the world, signed a letter of intent in the presence of His Excellency Victor Urban Prime Minister who is currently visiting the state.

The letter of intentions focuses on innovation in the field of defense and research and development initiatives, and this step is expected to pave the way for possible deals with Edge and its companies, which confirms the wide capabilities of cooperation in the future.

The speech was signed during a ceremony held in Abu Dhabi in the presence of senior executives in Edge, an achievement that reflects Hungary’s confidence in the advanced defense solutions offered by Edge Group.

Hamad Al -Murar, Managing Director and CEO of Edge Group said that the intention speech is an important step towards enhancing cooperation between the Edge Group and the Hungarian Ministry of Defense and at the same time confirms the joint commitment to develop defensive capabilities and enhance innovation and describing it as an important station at a time when Edge is working to enhance the means of communication And cooperation with NATO member states.

He expressed the aspiration to build this momentum to achieve more cooperation by supplying sniping rifles such as the Hungarian Defense Forces, the first time that Edge has provided such regimes to a member state of NATO.

He added that the letter of intent is a solid basis for the expansion of Edge in the markets of Europe and NATO, in order to enhance the role and status of the UAE global contributor in the field of defense innovation, indicating that the Edge Group has all the ingredients that enable it to provide dedicated and technologically developed solutions while building long -term strategic relationships In Europe.

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