Musk's X sues New York state over social media hate speech law    Alsulaiman Group acquires Taajeer Finance to lead digital transformation and growth in financial services    US action against Iran would fuel 'broader conflict' in the Middle East, EU's Kaja Kallas warns    Massive military jet shuffle signals possible groundwork for US action    Israeli arms firm Rafael threatens to sue France over Paris Air Show shutdown    Martina Navratilova: 'I wouldn't have left home for Trump's America'    Pianist Alfred Brendel dies aged 94    Royal Guard celebrates graduation of female cadets    Bangladeshi arrested for sexual harassment in Al-Baha    Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    Venice activists plan to disrupt Jeff Bezos's wedding    Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    Saudi Arabia announces its candidacy to ITU Council's membership    Riyadh ranks 23, up 60 places, among top 100 emerging startup ecosystems globally    California doctor to plead guilty to supplying Matthew Perry with ketamine    Culture Ministry to present second edition of 'Terhal' performance in Diriyah this August    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Al Hilal president: No new signings for Club World Cup due to inflated demands    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi and Turkish companies sign agreements to localize drone industry
Published in The Saudi Gazette on 07 - 08 - 2023

RIYADH — Under the patronage of Minister of Defense Prince Khalid bin Salman, a number of Saudi and Turkish companies have signed an agreement and two Memoranda of Understanding (MoUs) to localize the drone industry and associated systems in Saudi Arabia.
The agreement and the MoU between the Saudi companies specialized in military and defense manufacturing, and Turkish defense companies come as a continuation of two acquisition contracts signed by the Saudi Ministry of Defense two weeks ago with Türkiye's Baykar for defense industries to raise the readiness of the armed forces and enhance Saudi Arabia's defense and manufacturing capabilities.
The Saudi Arabian Military Industries (SAMI) has also signed, during the ceremony, a localization agreement for the group's companies with Türkiye's Baykar, to manufacture electronic systems, mechanical components, and drone structures using composite materials, manufacturing, final aviation testing, in addition to providing training and support services. The agreement was signed by SAMI's CEO, Eng. Waleed bin Abdulmajeed Abu Khaled, and the CEO of Baykar, Haluk Bayraktar.
Additionally, the Saudi National Company for Mechanical Systems (NCMS) signed two MoUs with the Turkish companies of Roketsan and Aselsan, to localize the manufacture of ammunition and optical sensors for the drone system, and manufacture them inside the Kingdom.
The MoUs were signed by MCMS's CEO, Eng Ali Abdulla Alashban, and the CEO of Aselsan Ahmet Akyol and the CEO of and Roketsan Murat Ikinci.
On his part, Assistant Minister of Defence for Executive Affairs Dr. Khalid bin Hussein Al-Bayari appreciated the patronage by the Minister of Defense of the signing ceremony, which reflects the interest and support of the wise leadership of the Kingdom in localizing military industries and strengthening manufacturing and defense capabilities within Saudi Arabia.
The localization agreementand the MoUs reflect efforts made by the Defense Ministry in cooperation with the General Authority for Military Industries (GAMI) as the legislative authority for the military industry sector, and the General Authority for Defense Development (GADD), which is concerned with defining the goals and activities of research, development and innovation in the fields of technology and defense systems, in a way that contributes to achieving the goals of Saudi Arabia's Vision 2030 by localizing more than 50% of the total military spending, Dr. Al-Bayari said.
Dr. Al-Bayari noted that the agreement and the MoUs will contribute in developing the localization capabilities in Saudi Arabia through transfer of technology and knowledge, and training the Saudi cadres, which will enhance the local capabilities and create job opportunities for the Saudi youth.
Haluk Görgün, President of the Defense Industry Agency of Türkiye, has stated that the agreement and the two MoUs reflects the historical relations between Saudi Arabia and Türkiye, which was strengthened by ties of strategic partnerships in the military and defense fields.
SAMI's CEO, Eng. Abu Khaled said the signing of the agreement and the MoUs confirm the support and care of Saudi Arabia's leadership to localize the defense industries, and to continue the process of achieving the goals of the Kingdom's Vision 2030.
It is also considered a huge step for SAMI to become one of the top 25 companies in this sector at the global level.


Clic here to read the story from its source.