Kaddb and RiverHawk Worldwide LLC agreed on establishing Jordan RiverHawk Shipbuilding and Support to manufacture, market and supply AMP-137 Advanced Multi-mission Platform Vessels, Provide training and service and maintenance on each vessel sold, Explore the development of other vessels for customers in the region as well a provide maintenance services for other vessels.
Dr. Samman commented that establishing Jordan RiverHawk Shipbuilding and Support, PSC will widen Kaddb's scope of work, to mark it on the map as a tri-service production entity.
Mr. Hornsby added that the partnership with Kaddb will allow RiverHawk Worldwide to exchange the know-how with the Bureau and to benefit from the skilled workforce to manufacture top of the line vessels to be marketed to the Jordan Armed Forces as the number one customer to Kaddb and then to the region.
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Kaddb will be signing an agreement of joint venture with RiverHawk Worldwide
- United Arab Emirates: Thursday, February 26 - 2009 at 09:55
- PRESS RELEASE
As part of the IDEX 2009 exhibition, Dr. Moayad Samman, Chairman and CEO of the King Abdullah II Design and Development Bureau (Kaddb), will be signing a joint venture agreement with Mr. Mark T. Hornsby Managing Director of RiverHawk Worldwide LLC to establish Jordan RiverHawk Shipbuilding and Support, PSC.
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About KaddbKing Abdullah II Design and Development Bureau (Kaddb) was established by a Royal Decree on the 24th of August 1999 to provide an indigenous capability for the supply of independent, high quality, efficient and cost-effective scientific and technical services to the Jordan Armed Forces (JAF). An indigenous, self-sufficient, commercially viable research and development facility, Kaddb acts as a catalyst within Jordan for the design and manufacture of defence and commercial equipment and services, intended for use by both the JAF and for the civilian and military export markets elsewhere in the Mena Region.
About RiverHawk Worldwide:
RiverHawk is a diversified investment firm that organises and invests in various companies focused on national defence, security and military technologies, products and services and provides merger, acquisition, divestiture and related corporate finance services to these various companies.
For more information, please contact:
Chiara Orticio
PR Coordinator
ASDA'A Burson-Marsteller
P.O. Box 44281, Abu Dhabi, UAE
T: +971 2 6334133
F: +971 2 6334137
Rana MesbahThursday, February 26 - 2009 at 09:55 UAE local time (GMT+4)
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