SAMI, a conglomerate in defense industries, is a wholly-owned subsidiary of the Saudi Investment Fund of Saudi Arabia
SAMI
Latest in SAMI
defence manufacturing
UAE, Saudi military firms ink deal to build armoured vehicles
Saudi Arabian Military Industries signs agreement with NIMR, a UAE-based manufacturer of combat-proven military vehicles
Aircraft Accessories & Components Co Ltd
Saudi’s SAMI buys stake in aircraft repair firm, eyes MENA expansion
Saudi Arabian Military Industries has announced the acquisition of a majority stake in Aircraft Accessories & Components Co Ltd
Figeac Aero
Saudi, French firms ink deal to build aerostructures factory
Saudi Arabian Military Industries hasentered into an agreement with Figeac Aero, the French aerospace company
Abu Dhabi
Saudi Arabia’s SAMI to generate $10bn in revenue in 5 years
Saudi Arabian Military Industries CEO Andreas Schwer said that exports will account for 30 percent of total revenue by 2030
Abu Dhabi
Saudi-French joint venture to build warships in the kingdom
Saudi government-backed firm will hold a 51 percent stake and the French naval defence company will have the rest
aerospace manufacturing
Mubadala, Saudi Military Industries Company to partner on aero manufacturing
SAMI CEO Dr Andreas Schwer said that the partnership will help support the Saudi governments efforts to localise at least 50% of the kingdom’s military spending