Emirates Defence Industries Company (EDIC) was a defence industry holding company. In November 2019, the holding company was absorbed into EDGE Group.[2]
History
On 2 December 2014, the defence services and manufacturing entity initiated in the form of a merger of 11 defence companies that were subsidiaries of Mubadala Development, Tawazun Holding, and Emirates Advanced Invest Group.[3]
EDIC was jointly owned by the Mubadala Development Company, an investment fund of the Emirate of Abu Dhabi (60%)[4] and Tawazun Holding.[5]