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Tuesday, November 14, 2023

UAE: EDGE, CAC, and UCAV TOT agreementnote

EDGE Group is said to be in talks with the Chinese company Chengdu Aerospace Corporation (CAC) concerning UCAV.

EDGE is seeking to finalize a deal that includes a transfer of technology (TOT) agreement and a licensed production and export agreement.

This note provides a comprehensive overview of the following:

- The current state of talks between EDGE and CAC

- The UCAV EDGE has expressed interest in

- EDGE's bigger market plan behind this deal

The note also mentions talks between EDGE and CAC concerning other systems.

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