ADSB Secures $1.89 Billion Shipbuilding Contract with Kuwait Defense Ministry
DEFENSE
Abu Dhabi Ship Building (ADSB) has secured a $1.89 billion contract with the Kuwait Ministry of Defense for the construction of eight 62-meter Falaj-class ships. This agreement, signed with EDGE Commercial LLC, constitutes over 5% of ADSB's share capital and follows a previous award for Falaj 3-class missile boats to the Kuwait Naval Forces, expected to be delivered by June 2025.
Jan 28, 2026, 9:04 AM
