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 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
To develop a full and sovereign naval capability for Saudi Arabia
Riyadh, 6 April 2022: SAMI group, a wholly owned subsidiary of the Public Investment Fund and the Kingdom’s national defense localization champion, has announced a preliminary agreement with The Boeing Company (Boeing),...More
Riyadh, Saudi Arabia, 17 March 2022 – International Maritime Industries (IMI), the largest shipyard in the MENA region, and SAMI, a wholly-owned subsidiary of the Public Investment Fund (PIF), have signed a Memorandum of...More
The deal involved three separate agreements with Saudi National Bank, Banque Saudi Fransi, and Gulf International Bank - Saudi Arabia The financing agreements will contribute to the company’s projects related to defense i...More
In its role as the strategic partner of the World Defense Show, SAMI affirms its commitment to building a robust and self-reliant defense ecosystem in Saudi Arabia...More