Economy UAE cancels $880m Airbus H225M helicopter deal By Pramod Kumar May 10, 2023, 5:53 AM Airbus The UAE placed the order during a visit to Abu Dhabi by French President Emmanuel Macron in December 2021 The UAE has cancelled an €800 million ($880.6 million) contract to procure 12 H225M caracal multirole helicopters. “We recently terminated a contract with Airbus Helicopters to purchase H225 helicopters,” Muammar Abdulla Abushehab, sector chief, defence and security industrial affairs of Tawazun Council, UAE’s defence and security acquisitions authority told Breaking Defense magazine. The official said the cancellation was based on financial and technical reasons, adding one of the reasons was the failure to achieve in-country value goals. “We found it difficult to continue the contract due to the high lifecycle cost, the limitations in adapting to modular designs of future mission requirements and the complex technical proposal,” he added. The H225M is a long-range tactical transporter equivalent to the Super Puma VIP, offshore and search-and-rescue helicopter. The order was placed during a visit to Abu Dhabi by French President Emmanuel Macron in December 2021. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
