FINANCIAL NEWS

Abu Dhabi ship builder signs USD236m deal for 2 combat ships

14 Dec 2013

(MENAFN) Abu Dhabi Ship Building (ADSB) announced the signing of a USD236 million deal with the UAE Armed Forces to build two combat ships, Arabian Business reported.

The two ships to be built by ADSB will be equipped with multi-tasking equipment and advanced communication devices.

In a statement, the company said: “As a strategic partner of the UAE Armed Forces, ADSB is committed to delivering the best quality standards and leveraging the latest technologies in the construction of these ships.”

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