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Tag: UAE Coast Guard

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$435M Order Jumpstarts New Maestral Shipbuilding Partnership; Pierroberto Folgiero Quoted

Abu Dhabi-based defense and technology company Edge Group and Italian shipbuilder Fincantieri have signed an agreement to form a shipbuilding joint venture called Maestral, which has already booked a contract from the United Arab Emirates Coast Guard. The order, worth $435 million, calls for the delivery of 10 offshore patrol vessels. Edge, which holds a...