Italy-headquartered defence electronics house ELT Group has signed a memorandum of understanding (MoU) with SAMI Advanced Electronics Company (SAMI-AEC): a subsidiary of Saudi Arabian Military Industries (SAMI) and a prominent player in the Saudi defence industry.
The MoU was one of 26 such agreements signed during a Saudi-Italian high-level roundtable meeting in AlUla, Saudi Arabia, on 26 January 2025 involving Italian Prime Minister Giorgia Meloni, Saudi Minister of Investment Khalid Al-Falih, CEOs, private-sector leaders and representatives from major companies of both countries.
The ELT Group/ SAMI-AEC MoU builds upon the agreement signed at the Cernobbio Forum in September 2024 between ELT Group, the Ministry of Investment of Saudi Arabia (MISA) and the Kingdom’s General Authority for Military Industries (GAMI). By aligning its activities with Saudi Arabia’s Vision 2030 objectives, ELT Group aims to explore collaboration opportunities in the aerospace and defence sectors, contributing to the localisation of advanced technologies.
“Having established a trusted presence in Saudi Arabia, ELT Group is now advancing its efforts to an industrial scale through this partnership with SAMI-AEC,” the company stated in a press release. “With over 70 years of expertise in electromagnetic spectrum management and the development of advanced electronic defence systems across all domains, ELT Group is set to forge a strategic partnership with SAMI-AEC. This collaboration will enable the realisation of current and future projects while strengthening Saudi Arabia’s defence capabilities.
“ELT Group’s long-standing relationship with Saudi Arabia is further highlighted by the establishment of Elettronica for Industry Saudi Arabia: a Saudi-law entity focused on localising logistical support and expanding the defence value chain,” the company added. “This agreement reaffirms ELT Group’s commitment to supporting the Kingdom’s defence industry, fostering innovation, and driving industrial localisation while contributing to the realisation of Saudi Arabia’s strategic objectives.”
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