Saudi Arabia’s SAMI joins forces with US-based Amentum to maintain, upgrade combat vehicles
The agreement reflects SAMI's target in developing capabilities “to meet customer MROU requirements."
The agreement reflects SAMI's target in developing capabilities “to meet customer MROU requirements."
“In his role as CEO, Eng. [Thamer] AlMuhid will lead SAMI's mission to develop cutting-edge technologies, manufacture world-class products, and forge strategic partnerships,” according to the company’s statement.
"The Board has also appointed Eng. Omar AlMadhi, Vice Chairman of the Board and Chairman of the Board Executive Committee, as interim CEO," SAMI's online post reads.
"Whether it's a vehicle land vehicle, a futuristic UAV that is a concept, some C4I systems, C2 systems, smaller versions of UAVs, converting a manned boat to unmanned boat — we've done it, it's us. The shift is already happening," Saudi Arabian Military Industries CEO Walid Abukhaled told Breaking Defense.
"[WDS] presents a unique opportunity for international firms to get access to the Vision 2030 program," CEO Andrew Pearcey told Breaking Defense.
"While expanding SAMI’s MRO capabilities is important, the target is to establish joint training activities to develop Saudi talents and transfer skills in the sector," the Saudi firm's CEO said.
"In order to be one of the top 25 company globally and achieve our target, we have to look at inorganic growth that comes from acquisition regionally and globally," SAMI's CEO tells Breaking Defense.
The first of five new corvettes recently arrived at King Faisal Naval Base in Jeddah, upgrading the Saudi fleet's capabilities in the Red Sea.
“This edition has been nothing short of exceptional,” Maj. Gen. Staff Pilot Faris Khalaf Al Mazrouei, chairman of the Higher Organizing Committee, which "enables our nation to cultivate and expand our defense infrastructure and technological systems, using them to ensure security and peace across the Mideast."
When asked what the US and other allies can do to better support SAMI with its military expansion, CEO of SAMI said the strategy is to keep working with the best to build the know-how, grow together in the Kingdom and deliver customers' requirements.
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"This is a very important step that demonstrates a precedent," Khaled Al Zaabi, chief commercial officer at Nimr, told me. "We've never had such industrial military collaboration (in the region) so this definitely cements us as a major global player."
On opening day, the UAE armed forces signed 19 defense contracts, with the larger part going to domestic companies. “Worth $1.37 billion, 22% of the deals were signed with seven international firms while 78% went to 12 local companies,” Staff Brig. Gen. Mohammed Al Hassani, official spokesman for IDEX and NAVDEX, said in a press briefing.