Leonardo, Saudi Arabia's Ministry of Investment (MISA), and General Authority for Military Industries (GAMI) have signed a Memorandum of Understanding (MoU) to further expand collaboration in the aerospace and defence sector.
The agreement, signed in the framework of bilateral meetings between Italy and Saudi Arabia on Jan. 26, leverages the MoU signed and announced early last year that considered and explored multiple areas of collaboration to include space industry, airframe MRO, localisation of electronic warfare (EW) systems and radars and assembly of helicopters, a focus on Combat Air and Cross-Domain Integration fields, industrialisation processes and human capital development, national supply chain in Saudi Arabia and the country’s role for Leonardo in the region as well as the global value chain. The latest MoU paves the path for further expansion of the industrial collaboration in the Combat Air and helicopter fields.
Over decades, Leonardo has been supplying to the Kingdom platforms, systems, technologies and services including passenger transport, energy support and rescue rotorcraft, electronic systems and sensors, maritime defence and cyber capabilities as well as providing a key contribution in the air defence domain, among others. The company has a dedicated headquarters in Saudi Arabia.
In collaboration with local technological partners, research establishments and end-users, Leonardo will be able to generate sustained development and production in the country. The MoU will significantly contribute to the objectives of the Kingdom’s Vision 2030.
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