Saudi companies display latest technologies at Dubai Airshow
Defense convention gathers global market leaders to showcase new products and services
Over 25 Saudi companies and government institutions are taking part in the Dubai Airshow hoping to snag deals for their latest defense and aviation technologies being showcased at the biennial event.
Major Saudi companies at the event include the Saudi Arabian Military Industries (SAMI), fully owned by the Public Investment Fund, which has operations in aeronautics, land systems, naval systems, weapons, missiles and defense electronics.
SAMI is aiming to become among the top 25 companies globally by 2030 and to localize military spending, in line with the Kingdom’s Vision 2030 reform plans.
Other notable Saudi companies and institutions with a presence at the airshow are Saudi Airlines, flynas, the General Authority of Civil Aviation and the King Abdul Aziz City for Science and Technology.
Meanwhile, Saudi INTRA Defense Technologies signed a memorandum of understanding with multinational defense company Hensoldt for the co-development and co-production of advanced electro-optic systems, as well as a joint venture agreement with EM&E for the transfer of technology and localization of the
FLYING HIGH
precision mechanical industries in the Kingdom.
ESEN Saudi, a high-tech defense and aerospace engineering and production company, was also launched on the Dubai Airshow’s opening day. The Middle East Propulsion Co., which specializes in maintenance, repair and operations for the Middle East, was also one of the Saudi companies on site. The company, which boasts an 80 percent Saudi workforce, aims to expand their services across the Gulf Cooperation Council and wider Middle East region. Meanwhile, Al-Salam Aerospace Industries is displaying its latest advancements in the manufacture of key components for the F-15 fighter jet.