News List | SAMI

SAMI Announces Joint Venture Agreement with Boeing

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),...

SAMI Partners with International Maritime Industries (IMI) to Explore Opportunities in Defense Vessel Procurement and Maritime Services

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...

SAMI Secures SAR 7 Billion for Major Future Projects

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...

SAMI accelerates vision to become top 25 defense and security company by 2030

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...

SAMI gears up for its largest exhibition participation at World Defense Show

RIYADH, 3 March 2022: SAMI, a wholly-owned subsidiary of the Public Investment Fund (PIF), is all set for its largest participation yet in the inaugural edition of the World Defense Show (WDS) 2022, which is scheduled to...

SAMI and Airbus to form joint venture for military aviation MRO and services

Jeddah – 4 December 2021: Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF) and the National Champion of Military Industries Localization, and Airbus have signed an...

SAMI, FIGEAC AÉRO, and Dussur launch joint venture to manufacture aerostructure components

SAMI & AEC to showcase its capabilities at Dubai Airshow 2021

A prolific portfolio of services in defence, aerospace, and aeronautics sectors under one roof...

SAMI Announces Launch of Manufacturing Facility to Produce Composite Aerospace Components

SAMI Composites LLC will drive innovation in Saudi Arabia’s aerospace and defense industry besides facilitating technology transfer and creating high-skilled jobs in line with Vision 2030...

SAMI and Bahri Ink Agreement to Support Defense Logistics Localization

Riyadh, 17 August 2021: In line with its commitment to develop the capabilities and support the localization of Saudi Arabia’s military industries sector, Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary...

SAMI Achieves AS9100 Certification for Excellence in Quality Management

Riyadh – 4 July 2021: In recognition of its compliance with the quality management systems requirements for aviation, space, and defense, Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public...

SAMI Restructures Board of Directors, Headed by H.E. Ahmed Al-Khateeb

Riyadh, 18 May 2021: Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has announced the outcome of its Extraordinary General Assembly Meeting held on Monday 28...

SAMI concludes IDEX 2021 participation with key strategic partnerships

Abu Dhabi – 26 February 2021: Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), today announced that it concluded its successful participation in the International...

First military industries agreement between Saudi and Emirati companies in the Kingdom

Abu Dhabi – 22 February 2021: Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund (PIF), today signed a Teaming Agreement with NIMR, a UAE-based leading manufacturer of combat...

UAE’s Ministers of Interior and Foreign Affairs visit SAMI’s stand at IDEX 2021

Abu Dhabi – 21 February 2021: The UAE’s Deputy Prime Minister and Minister of Interior, H.H. Lt.-Gen. Sheikh Saif bin Zayed Al Nahyan, and Minister of Foreign Affairs H.H. Sheikh Abdullah bin Zayed Al Nahyan, today visited...

SAMI and Lockheed Martin to Form Joint Venture to Cooperate in Advancing Saudi Military Industries Sector

Abu Dhabi, UAE – 21 February 2021: Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund (PIF), and Lockheed Martin today inked a strategic agreement to form a joint venture to...

SAMI to be part of Saudi Pavilion at IDEX 2021 in UAE

Abu Dhabi – 18 February 2021: In keeping with its commitment to developing the capabilities of Saudi Arabia’s military industries sector and continuing to play an active role in localizing the Kingdom’s military spending,...

World Defense Show Forms Strategic Partnership with SAMI

Riyadh, 15 February 2021 – Today, World Defense Show has announced Saudi Arabian Military Industries (SAMI) as a Strategic Partner on the global stage for defense interoperability. As a champion for military localization...

SAMI’s first Saudi-U.S. partnership begins operations

Riyadh, 10 February 2021: Underlining its commitment to building a robust indigenous defense industry ecosystem through global partnerships, Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public...

SAMI Acquires Advanced Electronics Company

Riyadh – 28 December 2020: Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund (PIF), announced that it has acquired Advanced Electronics Company (AEC) as part of the largest...

SAMI names Eng. Walid Abukhaled as CEO

Riyadh – 23 August 2020: The Board of Directors of Saudi Arabian Military Industries (SAMI) has appointed Eng. Walid Abukhaled as CEO of the company. The decision comes following his role as Acting chief executive officer...

Aircraft Accessories and Components Company appoints Eng. Mazen Johar as CEO

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...

SAMI appoints Walid Abukhaled as acting CEO

Riyadh – 23 April 2020: The Board of Directors of Saudi Arabian Military Industries (SAMI) announced the appointment of Eng. Walid Abukhaled as acting CEO to oversee the company’s operations starting from April 23, 2020,...

SAMI concludes its inaugural participation in Dubai Airshow 2019

Dubai, UAE – 22 November 2019: SAMI successfully concluded its participation in the five-day long Dubai Airshow 2019, ending on a high note after making important announcements and welcoming a large number of VIPs and high...

H.R.H. LT. GEN. TURKI BIN BANDAR VISITS SAMI’S STAND AT DUBAI AIRSHOW 2019

Dubai, UAE – 19 November 2019: H.R.H. Lt. Gen. Turki Bin Bandar Bin Abdulaziz Al Saud, Commander of the Royal Saudi Air Force (RSAF), visited the Saudi Arabian Military Industries (SAMI) stand at Dubai Airshow 2019 on...

H.R.H. PRINCE SULTAN BIN SALMAN, H.E. GOVERNOR OF GAMI, AND SEVERAL OTHER DIGNITARIES VISIT SAMI STAND AS DUBAI AIRSHOW 2019 KICKS OFF

Dubai, UAE – 17 November 2019: A number of high-ranking officials today visited the stand of Saudi Arabian Military Industries (SAMI) at the Dubai Airshow 2019 as the company began its inaugural participation in the...

SAMI showcasing naval capabilities at Saudi International Maritime Forum

Riyadh, 25 November 2019: Showcasing its growing portfolio of naval systems and technologies, Saudi Arabian Military Industries (SAMI) is participating in the First Saudi International Maritime Forum 2019 (SIM) taking...

SAMINavantia launches on-the-job training program with first batch of Saudi engineers arriving in Spain

Riyadh, 24 November 2019: SAMI Navantia Naval Industries (SAMINavantia), a joint venture between Saudi Arabian Military Industries (SAMI) and Navantia S.A., has launched its On-the-Job Training (OJT) program on the...

Prince Abdulaziz Bin Turki Visits Sami’s Stand At Diriyah E-Prix 2019

Riyadh, 23 November 2019: His Royal Highness Prince Abdulaziz Bin Turki Al Faisal Al Saud, Chairman of the General Sports Authority of Saudi Arabia (GSA), visited the stand of Saudi Military Industries Company (SAMI), on...

SAMI to showcase latest aerospace technologies and systems at Dubai Airshow 2019

Riyadh, 13 November 2019: Reinforcing its commitment to driving the development of Saudi Arabia’s military and defense ecosystem, Saudi Arabian Military Industries (SAMI) will participate in the 2019 edition of Dubai...

SAMINavantia kicks off construction of first RSNF corvette in Cadiz

Riyadh, 2 October 2019: SAMI Navantia Naval Industries (SAMINavantia), a joint venture between Saudi Arabian Military Industries (SAMI) and Navantia S.A., marked the launch of construction for the first of five Avante 2200...

SAMI’s participation in DSEI reflects Saudi Arabia’s vision for self-sufficient military industries sector

Riyadh, 15 September 2019: Saudi Arabian Military Industries (SAMI) has concluded its successful participation in the Defense and Security Equipment International (DSEI) exhibition held at ExCeL London from 10-13 September...

SAMI and QDM sign MoU to develop Saudi capabilities in testing and evaluating defense products

Riyadh, 12 September 2019: Saudi Arabian Military Industries (SAMI) announces that it has entered into a Memorandum of Understanding (MoU) with QinetiQ and Dar Massader (QDM) to collaborate on developing Saudi Arabian...

Saudi Ambassador to UK visits SAMI’s booth at DSEI

London, 11 September 2019: His Royal Highness Prince Khalid bin Bandar bin Sultan bin Abdulaziz Al Saud, Saudi Ambassador to the United Kingdom, visited the booth of Saudi Arabian Military Industries (SAMI) at the Defence...

SAMI-Navantia signs €900 million contract with Navantia to localize 60% of naval industries and ToT

London, 11 September 2019: SAMI Navantia Naval Industries (SAMI-Navantia), a joint venture between Saudi Arabian Military Industries (SAMI) and Navantia S.A., yesterday signed a €900 million (approximately SAR 3.7 billion)...

SAMI begins its participation in Defense and Security Equipment International in London

London, 10 September 2019: Underlining its commitment to boosting Saudi Arabia’s exports and facilitating the transfer of technology in the Kingdom, Saudi Arabian Military Industries (SAMI) kicked off today its...

SAMI acquires Aircraft Accessories & Components Co. Ltd.

RIYADH, 15 July 2019: As part of its ongoing efforts to develop a sustainable domestic defense sector in Saudi Arabia, Saudi Arabian Military Industries (SAMI) has announced the acquisition of a majority stake in Aircraft...

Saudi Arabian Military Industries (SAMI) AND PARAMOUNT GROUP SIGN HIGH-LEVEL COLLABORATION AGREEMENT ON DEFENCE AND SECURITY

Riyadh, 3 July 2019: Saudi Arabian Military Industries (SAMI) and Paramount Group, the global aerospace and technology company, announced the signing of a high-level defence collaboration agreement, in step with Saudi...

Saudi Arabian Military Industries (SAMI) announces signing of MoA with Hanwha for joint venture company in Saudi Arabia

Seoul, 30 June 2019: Reinforcing its commitment to the localization of the domestic military industries, Saudi Arabian Military Industries (SAMI) today announced that it has signed a Memorandum of Agreement (MoA) with...

Saudi Arabian Military Industries (SAMI) acquires Riyadh-based Advanced Electronics Company (AEC)

LONDON – 24 June 2019: Saudi Arabian Military Industries (SAMI) today announced the signing of a Term Sheet Agreement to acquire 100 percent ownership in Advanced Electronics Company (AEC). The agreement signing took place...

SAMI signs a memorandum of agreement with Figeac Aéro in Paris

Paris, France – 21 June 2019: Saudi Arabian Military Industries (SAMI) announced that it has entered into a Memorandum of Agreement (MoA) with Figeac Aéro, a world-class French aerospace company specialized in the...

Saudi Ambassador to Germany visits SAMI’s booth at the Paris Air Show

Paris, France – 19 June 2019: His Highness Prince Faisal bin Farhan Al-Saud, Ambassador of Saudi Arabia to the Federal Republic of Germany, has paid a visit today to the exhibition booth of the Saudi Arabian Military...

Saudi Arabian Military Industries Company (SAMI), and L3 Technologies Establish Joint Project in the Kingdom

Paris,18 June 2019: Saudi Arabian Military Industries (SAMI) here today signed a joint project agreement with L3 Technologies Company for cooperation in the field of Electro-Optical and Infra-Red (EO / IR) technology and...

Saudi Arabian Military Industries (SAMI) and L3 Technologies Sign MoU to Collaborate on Electro-Optical/Infrared Technologies and Special Mission Systems

Abu Dhabi, February 18, 2019 – L3 Technologies and Saudi Arabian Military Industries (SAMI) announced today the signing of a Memorandum of Understanding (MoU) to explore opportunities for collaboration within the Kingdom...

Saudi Arabian Military Industries (SAMI) and Naval Group sign strategic agreement at IDEX 2019 to create JV in naval defense

Abu Dhabi, UAE – 17 February 2019: The Saudi Arabian Military Industries Company (SAMI) and Naval Group, a French naval defense company, have entered into a Memorandum of Agreement (MoA) to create a joint venture company...

Saudi Arabian Military Industries (SAMI) Signs Two Joint Ventures Aimed at Localizing the Military Industries in the Kingdom

Riyadh, Saudi Arabia – 28 January 2019: Under the patronage and in the presence of HRH Prince Mohammed bin Salman bin Abdul Aziz, Crown Prince, Vice President of the Council of Ministers and Minister of Defense, and on the...

Saudi Arabian Military Industries (SAMI) takes part in EDEX unleashing new horizons in the Egyptian market

Riyadh, KSA – 4 December 2018: The Saudi Arabian Military Industries (SAMI) announced its participation in EDEX 2018 – Egypt Defense Expo, which is being held in Cairo under the patronage of His Excellency Abdel Fattah Al...

Saudi Arabian Military Industries (SAMI) participates in BIAS 2018 with high-ranking Saudi ‎delegation

Manama, Bahrain – 14 November 2018: The Saudi Military Industries Company (SAMI) is participating in the fifth edition of the Bahrain International Air Show (BIAS), which is being held under the patronage of His Majesty...

Saudi Arabian Military Industries (SAMI) and Navantia launch ‘SAMI Navantia Naval Industries’

Riyadh, Saudi Arabia – 6 November 2018: Saudi Arabian Military Industries (SAMI) and Navantia S.A. announced the launch of their joint venture, ‘SAMI Navantia Naval Industries,’ following the agreement signed by both...

Saudi Arabian Military Industries (SAMI) to Explore New Growth Opportunities in African Markets at Africa Aerospace and Defence 2018

SAMI aims to enhance its presence in the African continent and explore new opportunities in this growing market...

Saudi Arabian Military Industries (SAMI) Sign JV Agreement with Navantia for 5 Corvettes with a 60% Localization Plan

The scope of work includes the installation and integration of the combat systems on the last ship of the JV, the logistics support, training programs and simulators required for the ships’ maintenance as well as the grou...

Saudi Arabian Military Industries (SAMI) and Navantia form Joint Venture Partnership with ‎60% localization target ‎

Madrid, 12 April 2018: Under the high patronage of HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Chairman of the Council of Ministers and Minister of Defense, and in the presence of Mariano Rajoy...

Saudi Arabian Military Industries (SAMI) and Boeing Form Joint Venture Partnership Targeting 55% Localization

• Partnership to provide sustainment services for fixed- and rotary-wing military aircraft of KSA military fleet...

Saudi Arabian Military Industries (SAMI) organizes defense conference under the theme ‘Reinforcing Partnerships, Creating Value’ in Washington D.C.

The event brings defense industry leaders to further bolster U.S.-Saudi historical and strategic ties...

Saudi Arabian Military Industries (SAMI) to mark inaugural participation at AFED 2018 with state-of-the-art product showcase

Riyadh, Saudi Arabia – 12 February 2018: Saudi Arabian Military Industries (SAMI), a Public Investment Fund (PIF) wholly-owned company‎, today announced its inaugural participation at the Armed Forces Exhibition for...