The domestic armored car manufacturer Otokar has announced that they have signed a contract worth $661 million to build Arma 8×8 amphibious armored infantry vehicles for the United Arab Emirates land forces.
Under the agreement, which includes a 6-year process of procuring 8×8 vehicles to the United Arab Emirates, Otokar will make its export through its partner company.
The revenues that Otokar will acquire directly under the project will include vehicle exports, demount kit sales, technical consultancy and similar service revenues and dividends from Al Jasoor.
The vehicle, under the joint venture, has been dubbed “Rabdan” and will be built at the Tawazun Industrial Park manufacturing facilities in Abu Dhabi.
In a statement made publicly to the Public Disclosure Platform, the United Arab Emirates announced that a joint venture company was set up to address Tawazun’s defense industry companies, particularly the United Arab Emirates and Middle East markets.
Thanks to a joint venture company called Al Jasoor, Otokar will be able to control the market through a company established directly in the region.
Here’re a few more pictures of the astonishing vehicle;