“[WDS] presents a unique opportunity for international firms to get access to the Vision 2030 program,” CEO Andrew Pearcey told Breaking Defense.
By Agnes Helou“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.
By Agnes HelouThe first of five new corvettes recently arrived at King Faisal Naval Base in Jeddah, upgrading the Saudi fleet’s capabilities in the Red Sea.
By Agnes Helou“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.”
By Chyrine MezherWhen 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.
By Chyrine Mezher“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.”
By Chyrine MezherOn 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.
By Chyrine Mezher