Raytheon Saudi Arabia, an RTX (NYSE: RTX) business, and the General Authority for Military Industries (GAMI) today announced a series of strategic initiatives that will contribute to strengthening Saudi Arabia’s defense industrial ecosystem. The initiatives include exploring the manufacturing and testing of a number of key components within the Kingdom’s …
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Saudi Arabian Military Industries (SAMI) and the General Authority for Defence Development (GADD) have announced the launch of two programmes worth $177.03 million to boost the localisation of defence development in the kingdom, the Saudi state news agency said. The programmes will run for four years and “represent the first …
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Patricia Marins The largest Saudi delegation arrived in Brazil to finalize several agreements between the two countries, including defense deals. One of the key deals was signed between the Saudi Arabian Military Industries (SCOPA) and Avibras, an important Brazilian defense company. Saudi is developing its own MLRS version and Avibras …
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THC (The Helicopter Company) and Leonardo are further reinforcing their collaboration in civil helicopter operations with the introduction of 16 AW139 intermediate twin engine aircraft for emergency medical service (EMS) and corporate transport missions across the Kingdom of Saudi Arabia. Deliveries commence to start this year and shall be completed …
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NIMR, the leading manufacturer of combat-proven wheeled military vehicles, today signed a manufacturing license agreement with Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund, to transfer technology and boost SAMI’s domestic industrial capabilities, enabling the production of the combat proven JAIS 4×4 vehicle in …
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Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has announced the outcome of its Extraordinary General Assembly Meeting held on Monday 28 Ramadan 1442 AH, corresponding to 10 May 2021, in the presence of SAMI’s Board representative and Vice-Chairman H.E. Dr. Ghassan Al-Shibl and …
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Company signs three new agreements to accelerate localization through transfer of technology, creation of jobs, and attraction of foreign investment Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), today announced that it concluded its successful participation in the International Defense Exhibition and Conference (IDEX) …
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Saudi Arabian Military Industries (SAMI) is planning to invest up to $1.8 billion (SR7 billion) during the coming period, in strategic partnerships, projects, and certain acquisitions, CEO Walid Abukhaled (photo) told Asharq News in an interview on the sidelines of the Future Investment Initiative (FFI) Summit which took place on …
Read More »The Board of Directors of Saudi Arabian Military Industries (SAMI) announced the appointment of Eng. Walid Abukhaled as acting CEO to oversee the company’s operations starting from April 23, 2020, until further notice. Eng. Abukhaled will be taking over from Dr. Andreas Schwer who served as CEO of the company …
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