Abu Dhabi Ship Building Co.
AADX:ADSB7.99
AED
-0.01
(-0.12%)
ISIN
AEA000901016
Return %
Stock
S&P 500
1Y
10.82
14.20
3Y
103.31
81.12
5Y
72.20
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- David Massey
- Sector
- Producer manufacturing
- Industry
- Trucks/Construction/Farm machinery
- Address
- Abu Dhabi United Arab Emirates
- IPO Date
- Mar 24, 2003
- Website
- adsb.ae
- Similar Companies
- Business
- Abu Dhabi Ship Building PJSC (ADSB) is a United Arab Emirates-based company engaged in the design, construction, repair, maintenance, refit, and conversion of naval, military, and commercial vessels, as well as the provision of integrated naval defense systems and marine engineering services. Operating as a core entity within the Platforms and Systems cluster of EDGE Group, the company operates across three primary business segments: Naval Shipbuilding, Commercial Shipbuilding, and Maintenance, Repair, and Overhaul (MRO) Services. Its naval product portfolio includes corvettes, offshore patrol vessels (OPVs), fast patrol boats, fast interceptor craft, landing craft, rigid-hull inflatable boats, and uncrewed surface vessels (USVs), featuring platforms such as the Falaj 3-class offshore patrol vessels, BR71 Mk II corvettes, 510 OPV, 160 Inshore Combat Support Vessels, 120 Fast Interceptor Platforms, and autonomous 170 M-Detector and 120 T-Combatant surface vessels. Its commercial product line encompasses tugboats, crew boats, offshore supply vessels, workboats, landing craft, and cargo barges. In addition to vessel construction, ADSB provides full-lifecycle marine services comprising dry-docking and slipway operations; hull and superstructure fabrication; electrical, mechanical, and propulsion system overhauls; naval architecture and marine engineering design; combat management and weapon systems integration; sensor and communication suite installation; and integrated logistics support (ILS), technical training, and spare parts management. The company serves regional and international naval forces, coast guards, border security authorities, offshore energy operators, and commercial maritime enterprises across the Middle East, Africa, and Asia. In recent developments, ADSB has expanded its international export operations, highlighted by a major one-billion-euro contract to build BR71 Mk II corvettes for the Angolan Navy, alongside the ongoing execution of the UAE Navy's Falaj 3-class offshore patrol vessel program. The company has also accelerated its development of autonomous maritime platforms and unmanned surface vessels through strategic technological collaborations, expanded its composite vessel manufacturing capabilities, and modernized its shipyard infrastructure in Abu Dhabi to support regional defense requirements and global export growth. Founded in 1996, Abu Dhabi Ship Building PJSC is headquartered in Abu Dhabi, United Arab Emirates, and operates shipyard and dry dock facilities in the Mussafah Industrial Area.