Tag Archives: SAMI

SAMI Announces Joint Venture Agreement with Boeing

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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SAMI Secures SAR 7 billion for Major Defence Projects

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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SAMI Announces Launch of Manufacturing Facility to Produce Composite Aerospace Components

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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SAMI and Bahri Ink Agreement to Support Defense Logistics Localization

In line with its commitment to develop the capabilities and support the localization of Saudi Arabia’s military industries sector, Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), signed a logistics services agreement with Bahri, a global leader in logistics and transportation. Under the terms …

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SAMI Achieves AS9100 Certification for Excellence in Quality Management

In recognition of its compliance with the quality management systems requirements for aviation, space, and defense, Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has been awarded the prestigious AS9100 certification. With this achievement, the national champion of military industries localization, SAMI, has joined …

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SAMI concludes IDEX 2021 participation with key strategic partnerships

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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