SAMI, the national defence and security leader and a public investment fund (PIF) company, alongside Embraer, has officially signed a memorandum of understanding (MoU) to initiate collaboration in the defence and security sector between Saudi Arabia and Brazil.
This landmark agreement signifies the inaugural step in uniting the aerospace industries of both nations. The primary focus of the partnership is to amplify the operational reach of SAMI and Embraer within the Kingdom of Saudi Arabia, with a specific emphasis on showcasing the capabilities of the C-390 Millennium aircraft and extending support to the Kingdom’s Ministry of Defence.
SAMI and Embraer are poised to establish a robust maintenance capability for Embraer aircraft within the Kingdom. Moreover, the collaboration aims to explore the creation of a regional maintenance, repair and overhaul (MRO) hub, a final assembly line for the Embraer C-390 and mission system integration facilities in Saudi Arabia.
The agreement also encompasses joint training activities, designed to open new avenues for both companies within the aerospace sector, not only in the Kingdom but across the broader region.
Eng. Walid A. Abukhaled, CEO of SAMI stated, “We are thrilled to formalise this agreement with Embraer, ushering in new support and production facilities to the Kingdom. This expansion of our business scope and capabilities underscores SAMI’s commitment to advancing and nurturing the aerospace ecosystem in Saudi Arabia. It represents a pivotal step in SAMI’s ongoing efforts to support the goals of Saudi Vision 2030, contributing to the Kingdom’s self-sufficiency in the defence sector and aiming to localise 50% of defence spending by 2030.”
