Tawazun Precision Industries to manufacture components for Germany-based Rheinmetall

The agreement will see TPI and RAD collaborate for the production of several major components for the Oerlikon Skyshield C-RAM System (a state-of-the-art system designed to defend civilian or military assets from attacks) which historically, have been produced by other foreign contractors in the past.

TPI already delivered the first components to RAD for implementation in the Skyshield System. This industrial partnership between TPI and RAD entails a joint sharing of expertise and technology between both companies. It sheds light on TPI's ability to compete in an international market that requires sophisticated manufacturing of precision Air Defence Gun and Fire Control System components. All future Oerlikon Skyshield C-RAM System marketed worldwide will comprise various components manufactured by the UAE-based TPI.

Muatassem Awda, Chief Executive Officer of Tawazun Precision Industries said: "The UAE is steadily being recognized as an industrial hub, and TPI is playing an important role by contributing to the evolving precision manufacturing industry. As a UAE-based company, we are proud to have signed a long term agreement with yet another international customer, which is testament that we are being recognized as a strong partner that can deliver precision components to the highest quality in support of their global needs."

"We are very proud to have found in TPI a reliable partner who guarantees us a high level of skill to help enable Rheinmetall Air Defence deliver on its commitment to serve our global market, and support the role TIP is playing in contributing to the UAE's industrial backbone," said Kurt Rossner, CEO of Rheinmetall Air Defence.

TPI acts as both a manufacturer and a service center to a number of UAE-based operating companies and agents, as well as internationally renowned organizations delivering components to the oil & gas, aerospace and defense sectors.