Riyadh – 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, Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), will participate in the International Defense Exhibition (IDEX) 2021 under the title ‘Invest Saudi’ through the Saudi Pavilion.
Supervised by the General Authority for Military Industries (GAMI), the Saudi Pavilion will bring together several major Saudi national institutions and companies specialized in the field of military and security industries. The exhibition will be held from 21 to 25 February at the Abu Dhabi National Exhibition Center in the UAE capital, Abu Dhabi.
SAMI aims to represent the Kingdom of Saudi Arabia at the international exhibition and support the vision of the Kingdom’s leadership for the military industries sector. SAMI also supports PIF’s efforts in localizing cutting-edge technology and knowledge, as well as building strategic economic partnerships. The national defense champion seeks to contribute toward the localization of over 50% of the Kingdom’s military industries sector by 2030.
Besides, SAMI will exhibit its most significant accomplishments in the sector and its local capabilities in meeting the operational needs of the military. SAMI’s participation comes at a time when Saudi Arabia’s military industries sector is witnessing unprecedented support in terms of empowering local manufacturers, developing promising local companies, and supporting major national companies to strengthen their position globally.
SAMI will also showcase its innovative military products and comprehensive defense systems, spread across its Land Systems, Aeronautics, Defense Electronics, Weapons and Missiles, and Emerging Technologies divisions.
SAMI’s exhibits will also include the products and technologies developed by its affiliates Advanced Electronics Company – AEC (a wholly-owned subsidiary), Accessories and Components Company (AACC), SAMI Navantia Naval Industries (a joint venture with Navantia S.A.), SAMI L3Harris Technologies (a joint venture with L3Harris Technologies), and SAMI CMI Defense Systems (a joint venture with CMI Group).
About Saudi Arabian Military Industries (SAMI):
Launched in May 2017, Saudi Arabian Military Industries (SAMI) is a state-owned military industries company 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 supporting the localization of 50% of the Kingdom’s total government military spending.
SAMI combines the latest technologies and the best national talents to develop military products and services at par with international standards, across five business divisions – Aeronautics, Land Systems, Weapons & Missiles, Defense Electronics, and Emerging Technologies. The company is also focused on increasing exports and bringing foreign investment to the Kingdom’s military industries sector.
For media inquiries or interviews, please contact:
Meshel B. Alsaleh
Senior PR & International Partnerships Manager
Saudi Arabian Military Industries (SAMI)
Mobile: +966 50 546 4320