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verification. (July 2022) |
Native name | Arabic: شركة الإمارات للصناعات العسكرية |
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Industry | Defence |
Founded | December 2, 2014 |
Successor | EDGE Group |
Headquarters | , |
Area served | worldwide |
Key people | Homaid Al Shemmari (
Chairman) Luc Vigneron ( CEO) [1] |
Owner |
Mubadala Development Company (60%) Tawazun Holding |
Website | www.edic.ae |
Emirates Defence Industries Company (EDIC) was a defence industry holding company. In November 2019, the holding company was absorbed into EDGE Group. [2]
In 2014, the defence services and manufacturing entity initiated in the form of a merger of 11 defence companies that are subsidiaries of Mubadala Development, Tawazun Holding, and Emirates Advanced Invest Group. [3]
EDIC was jointly owned by the Mubadala Development Company, an investment fund of the Emirate of Abu Dhabi (60%) [4] and Tawazun Holding. [5]
Mubadala holds a 60% share in the company.