Saudi Arabian Military Industries Archives

Military

Saudi Arabia’s military industries aim for $1.73bn GDP boost

Written by Will Milner Wed 3 Dec 2025Wed 3 Dec 2025

Saudi Arabia military industries sector has expanded under Vision 2030, with local spending, jobs, and capabilities rising sharply

Latest in Saudi Arabian Military Industries

Airbus

SAMI inks deals with Airbus Helicopter, Singapore’s ST Engineering

Written by Staff Writer

Tue 19 Jul 2022Tue 19 Jul 2022

SAMI, a conglomerate in defense industries, is a wholly-owned subsidiary of the Saudi Investment Fund of Saudi Arabia

Digitisation

New Aramco, AEC partnership to focus on accelerating Saudi Arabia’s digital ecosystem

Written by Matthew Amlot

Mon 3 Jan 2022Mon 3 Jan 2022

Announcement comes as Aramco pursues several business digitalisation programmes under its industrial investment program, Aramco Namaat

Aviation

Saudi, French firms ink deal to set up aircraft parts manufacturing hub

Written by Andrew Sambidge

Sat 11 Dec 2021Thu 13 Jan 2022

Saudi Arabian Military Industries announces new joint venture to develop military and civil aerospace industries in kingdom

defence exhibition

Saudi Arabia expands site for inaugural defence show amid strong demand

Written by staff writer

Fri 19 Nov 2021Fri 19 Nov 2021

World Defence Show organisers confirm the expansion of Exhibition Hall 1 – adding more than 14,500 additional sq m of space for exhibitors

SAMI’s acquisition of AEC supports its strategic plan, which aims to expand its business and enter the progressive defence electronics sector.

Advanced Electronics Company

SAMI inks Saudi Arabia’s largest ever military industries deal

Written by Staff writer

Tue 29 Dec 2020Wed 6 Oct 2021

Saudi Arabian Military Industries says it has acquired Advanced Electronics Company in deal expected to close in Q1 2021

The contract will contribute to the development of Saudi Arabia’s defence ecosystem through the transfer of technology and creation of new job opportunities.

Navantia

Saudi defence JV inks $990m deal with Spanish shipbuilder

Written by Sam Bridge

Thu 12 Sep 2019Wed 6 Oct 2021

SAMI Navantia Naval Industries signs agreement to collaborate on Avante 2200 corvettes for the Royal Saudi Naval Forces

The Royal Saudi Air Force has recently agreed a contract with AACC to overhaul and purchase landing gear for multi-role tanker transport aircraft.

Aircraft Accessories & Components Co Ltd

Saudi’s SAMI buys stake in aircraft repair firm, eyes MENA expansion

Written by Sam Bridge

Fri 2 Aug 2019Thu 7 Oct 2021

Saudi Arabian Military Industries has announced the acquisition of a majority stake in Aircraft Accessories & Components Co Ltd

Dr Andreas Schwer

Saudi’s SAMI, Paramount sign defence industry deal

Written by Gavin Gibbon

Thu 4 Jul 2019Thu 7 Oct 2021

New agreement will help achieve defence industry targets set in Saudi Vision 2030

While the JVC will initially focus on munitions, it will later evaluate the expanding its product lines to include ammunition and weapons, rockets, artillery, combat vehicles, naval systems, command and control systems, as well as intelligence, surveillance and reconnaissance-focused products.

Saudi Arabian Military Industries

SAMI, Korean conglomerate agree to defence-focused joint venture company

Written by Bernd Debusmann Jr

Mon 1 Jul 2019Thu 7 Oct 2021

The Saudi-Korean joint venture company will initially focus on munitions and will later explore expanding its product offerings

Advanced Electronics Company

Saudi’s SAMI buys electronics firm to boost local defence ambitions

Written by Sam Bridge

Tue 25 Jun 2019Thu 7 Oct 2021

Saudi Arabian Military Industrieshas announced the signing of an agreement to acquire 100% ownership in Advanced Electronics Company

Figeac Aero

Saudi, French firms ink deal to build aerostructures factory

Written by Sam Bridge

Mon 24 Jun 2019Thu 7 Oct 2021

Saudi Arabian Military Industries hasentered into an agreement with Figeac Aero, the French aerospace company

Ahmed Al Khateeb

US, Saudi firms sign deal to develop missile systems

Written by Sam Bridge

Wed 19 Jun 2019Thu 7 Oct 2021

New York-based L3 Technologies says it has signed a joint venture agreement with Saudi Arabian Military Industries

Saudi Arabian Military Industries wants exports to account for 30 percent of its total revenue by the year 2030.

Abu Dhabi

Saudi Arabia’s SAMI to generate $10bn in revenue in 5 years

Written by Bernd Debusmann Jr

Tue 19 Feb 2019Wed 6 Oct 2021

Saudi Arabian Military Industries CEO Andreas Schwer said that exports will account for 30 percent of total revenue by 2030

defence

Saudi Arabia to slash defence spending

Written by Bloomberg

Wed 19 Dec 2018Wed 6 Oct 2021

Military spending will go down by 12 percent to $51 billion

Saudi Arabian Military Industries and Spain’s state-owned Navantia have started a joint venture to manufacture warships in the kingdom. (Photo for illustrative purposes only)

Crown Prince Mohammed bin Salman

Saudi Arabia launches JV to build warships with Spain’s Navantia

Written by Bloomberg

Wed 7 Nov 2018Wed 6 Oct 2021

SAMI Navantia Naval Industries will design and build five combat frigates under the joint venture deal

(Getty Images - for illustrative purposes only)

Saudi Arabia

Saudi Arabia signs deal with Spanish firm for five warships

Written by Staff Writer

Thu 19 Jul 2018Thu 7 Oct 2021

State-owned defence company has forged a deal with Spanish shipbuilder Navantia for a joint venture to build warships