NAVDEX 2025: MAESTRAL JV wins €500 million UAE Navy support contract
A Baynunah-class corvette of the UAE Navy. (Photo: Wikimedia Commons/Mztourist, CC BY-SA 4)
The major contract awarded at NAVDEX 2025 will steer fleet maintenance in the UAE Navy across the next five years.
A joint venture between UAE-based Edge Group and leading shipbuilding firm Fincantieri has been awarded a €500 million (US$524 million) contract to support the UAE Navy in its fleet maintenance.
The venture, known as MAESTRAL, will partner with the UAE Navy for comprehensive fleet maintenance management for the next five years, providing In-Service Support (ISS) across the UAE Navy’s fleet.
Hamad Al Marar, managing director and CEO at Edge Group, said: “This contract award underscores the trust placed in MAESTRAL’s advanced capabilities by our major customer, and important stakeholders worldwide.
“Together with Fincantieri, we are fully confident that these capabilities will
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