Emirati defence technology house EDGE Group signed a USD 27 million (EUR 25 million) agreement on 14 May 2024 to supply an ammunition production line to Indonesian state-owned defence manufacturer PT Pindad.
The agreement is for the production of 5.56×45 mm and 7.62×51 mm calibre small arms ammunition and is aligned with the Indonesian Ministry of Defence’s objective to increase local job creation and sovereign manufacturing capabilities.
The ammunition facility is scheduled to commence production in 2026.
The agreement is part of an ongoing effort between both countries that aims to increase bilateral trade to USD 10 billion by 2030 under their Comprehensive Economic Partnership Agreement.
