Boeing signed a Memorandum of Agreement (MoA) with the Saudi Arabian Military Industries (SAMI) yesterday to develop a joint venture (JV) aiming to localize more than 55% of the maintenance, repair & overhaul (MRO) services for fixed and rotary-wing military aircraft in Saudi Arabia. The agreement will also transfer technology to install weaponry on these aircraft as well as localize the supply chain for spare parts in the Kingdom
Saudi Arabian Military Industries (SAMI) today announced the appointment of its Chief Executive Officer, Dr Andreas Schwer, who was earlier the Chairman & President of Rheinmetall International and CEO of its Combat Systems Division. SAMI also announced the formation of its Board of Directors, chaired by H
The Saudi Arabia Ministry of Defense signed contracts with the Russian government to procure the S-400 air defense system, the Kornet-EM system, the TOS-1A, the AGS-30 and the Kalashnikov AK-103. As part of the agreement signed in Moscow today, Russia will transfer technology and localize the manufacturing and sustainment of these armament systems in the Kingdom, a press statement from the Saudi Arabian Military Industries (SAMI) said
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