SAMI Composites LLC, a wholly owned subsidiary of SAMI, the Saudi defense national champion, announced that it has signed an agreement with Lockheed Martin, a leading global security and aerospace company, to develop a Composites Manufacturing Center of Excellence in Riyadh with the support of the General Authority for Military …
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SAMI group, a wholly owned subsidiary of the Public Investment Fund and the Kingdom’s national defense localization champion, has announced a preliminary agreement with The Boeing Company (Boeing), the world’s largest aerospace company and leading manufacturer of commercial jetliners, defense, space and security systems, and provider of aviation services to …
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International Maritime Industries (IMI), the largest shipyard in the MENA region, and SAMI, a wholly-owned subsidiary of the Public Investment Fund (PIF), have signed a Memorandum of Understanding (MoU) to explore collaborations in the provision of defense vessels and services to the Royal Saudi Naval Forces and other navies in …
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As part of its strategic efforts to expand its operations in Saudi Arabia, SAMI, a wholly-owned subsidiary of the Public Investment Fund (PIF), signed three separate financing agreements with three Saudi banks for about SAR 7 billion. Since its inception in 2017, SAMI has developed and supported the defense industries …
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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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Aiming to bolster c’s capabilities in aerospace and defense manufacturing, Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has announced the launch of its composite manufacturing facility, SAMI Composites LLC, to produce composite parts for structural aerospace sub-assemblies. Wholly owned by SAMI and located …
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