Riyadh: The Saudi Arabian Military Industries (SAMI), the Kingdom's leading national defence and security company and a wholly owned subsidiary of the Public Investment Fund, has signed manufacturing agreements with three leading Turkish defence companies. These agreements aim to localise the land systems industry within the Kingdom.
According to Bahrain News Agency, the first agreement with Nurol Makina focuses on the transfer of technology and local manufacturing of military vehicles produced by the Turkish company. The second agreement with FNSS Defence Systems targets the transfer of technology and local manufacturing of armoured combat vehicles and weapon turrets. The third agreement with ASELSAN involves the transfer of technology and localisation of turret systems manufacturing in the Kingdom, contributing to the localisation of these vital systems within combat vehicle projects.
The SAMI Land Systems Division aims to achieve the company's strategic objectives by contributing to the localisation of the defence industry in the Kingdom. This will be achieved through the development of advanced industrial capabilities and the delivery of high-quality products and services throughout the product lifecycle, following the needs of end users.