Is a wholly owned subsidiary of the Public Investment Fund (PIF). Launched in May 2017 and working under the directives outlined in the Saudi Vision 2030. Aiming to be among the top 25 military industries companies in the world by 2030, SAMI is expected to play a key role in localizing 50% of the Kingdom’s total government military spending.
To be among the top 25 military industries companies around the world by 2030, by developing world-class military products and services as well as achieving self–sufficiency in Saudi military industries through the cutting-edge technologies and the best national talents.
To develop cutting-edge technologies, manufacture world-class products, and provide high-quality services to scale up the military industries sector and secure necessary supplies for our clients.
To create a sustainable and profitable aeronautics industrial ecosystem with localized capabilities in research and development, manufacturing, design, support, operations, MRO and upgrade
To build local capabilities to research, manufacture, produce, assemble, test and maintain advanced land systems.
To enhance the nation’s defense electronics capabilities to enable the local development and production of more than 50% of the products and services in the defense and security sector
To establish in Saudi Arabia the capability to produce premium quality Defensive Munitions and Weapon Systems for internal and external customers
The main goal of the Emerging Technologies Business Division in SAMI is to establish sovereign capabilities in enabling defense technologies through a catch-up strategy, while investing in emerging technologies to sustain SAMI’s strategic and business goals.
Riyadh – 6 July 2020: The Board of Directors of Aircraft Accessories and Components Company (AACC), a subsidiary of Saudi Arabian Military Industries (SAMI), announced the appointment of Eng. Mazen Johar as CEO to oversee...More