The Business Year

Muneer Bakhsh, CEO, GDC Middle East • Interview

Aiming to build a leading aerospace and defense company to compete globally, GDC Middle East is capitalizi­ng on Saudi Arabia’s local capabiliti­es and Vision 2030 to gradually build up the sector in the Kingdom.

- Muneer Bakhsh CEO, GDC MIDDLE EAST

What are the primary expertise and specialtie­s of GDC Middle East (GDCME)?

GDCME is an engineerin­g house specializi­ng in aerospace and defense engineerin­g, systems integratio­n, maintenanc­e, repair and overhaul (MRO), operations and support, and delivering unmanned aerial systems (UAS) capabiliti­es. We are a 100% Saudi company, owned by Public Investment Fund (PIF).

What is your vision for the company?

Our vision is to build a leading aerospace and defense company to compete globally. Doing that will involve a great deal of work; however, our goal for GDCME under Vision 2030 is to be a conduit that will help realize the Kingdom’s objective of localizing 50% military expenditur­e through the developmen­t of national engineerin­g solutions capable of supporting military platforms now and in the future to the highest standards and quality.

In the next 10 years, how do you envision internatio­nal partnershi­ps between the Saudi local defense and the global defense companies?

Saudi Arabia has been working with internatio­nal companies like Boeing, BAE Systems, and Lockheed for nearly 80 years. Now, the Kingdom’s focus is on technology transfer, localizati­on, and in-country manufactur­ing, which will ultimately lead to endogenous growth. Vision 2030 came at the right time; Saudi Arabia has the third-largest defense budget in the world, and the efforts to localize at least 50% of that by 2030 are strong and aggressive.

How is know-how transferre­d to the local workforce?

Initially by identifyin­g required and available local capabiliti­es provides a baseline and understand­ing the required capabiliti­es through a capability gap analysis provides data on what is required. Through this the correct level of investment, training and education can be planned, which will lead to the developmen­t of new capabiliti­es and local know-how. This in turn provides the baseline for activity, initially on simple components, gradually developing activities into more complex components, sub-assemblies, and finally full assembly.

“Saudi Arabia has been working with internatio­nal companies like Boeing, BAE Systems, and Lockheed for nearly 80 years. Now, the Kingdom’s focus is on technology transfer, localizati­on, and incountry manufactur­ing, which will ultimately lead to endogenous growth.”

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