UAE, Russia sign $74-million contract on modernization of amphibious vehicles

The United Arab Emirates and Russian state arms exporter Rosoboronexport signed a $74-million contract on the modernization of 135 Russian BMP-3 (amphibious infantry fighting vehicle), UAE Armed Forces official spokesman Major-General Obaid Al Hairi Salem Al Ketbi said on Thursday.

Russia sent its delegation to IDEX 2011, an international defense exhibition in Abu Dhabi, the capital of the United Arab Emirates, on February 20-24.

Thirty-three Russian defense industry enterprises took part in IDEX 2011, including Rosoboronexport and the state corporation Russian Technologies.

According to the exhibition website, IDEX is the largest defense and security event in the Middle East and North African region.