Organized by Saudi Arabian Military Industries (SAMI) in collaboration with the U.S.-Saudi Arabian Business Council, the Defense Technology and Security Conference concluded its sessions with the participation of more than a dozen high-profile speakers and over 100 industry leaders, advisors, regulators, and influencers who came to discuss and learn more about Saudi Arabia’s vision and strategic outlook in developing its defense industry with a special focus on technology and security as the two main components of the program.
The Boeing Company signed several commercial and defense deals with Saudi Arabia. The Kingdom will purchase Chinook helicopters, support services, and guided weapon systems and intends to buy P-8 reconnaissance aircraft. Boeing will also sell 16 wide bodied aircraft to SaudiGulf airlines. A joint venture between Boeing and Saudi Arabia will be established to aid […]
Saudi Arabia launched Saudi Arabian Military Industries (SAMI) to manufacture equipment and provide services for air and land systems, weapons and missiles, and defense electronics. The Public Investment Fund announced the company’s creation, which will play a significant part in the Kingdom’s efforts to localize 50 percent of military spending and to diversify the economy. […]