Safran, International Golden Group form joint venture in optronics and navigation
NEW DELHI: UAE-based International Golden Group and Safran Electronics & Defense announced the creation of the “Vision for Optronics & Navigation” joint venture in the defense and high-tech sector, with a focus on optronics and navigation.
International Golden Group and Safran Electronics & Defense set up a center of excellence in optronics and navigation to support Tawazun offset strategy. Located in IGG Advanced Industries in the Tawazun Industrial Park in Abu Dhabi, this center of excellence, with significant growth potential, will initially have more than 800 square meters (8,600 sq.ft) of floorspace, including cleanroom space. Vision for Optronics & Navigation will employ several dozen people, fully supporting the UAE government’s policy to localize highly skilled jobs.
Through this new joint venture, the two partners will meet the needs of the United Arab Emirates MOD and the needs of others regional organizations. The United Arab Emirates will benefit from the know-how and advanced technology of Safran Electronics & Defense, in line with Abu Dhabi’s economic vision for the 2030s.
This initiative by International Golden Group and Safran Electronics & Defense further enhances the strategic partnership between the United Arab Emirates and France.
