SAMI and Embraer have signed a Memorandum of Understanding (MoU) to establish a cooperation in their respective aerospace industries, prioritizing defense and security.
The agreement is geared towards expanding the operational footprint of both companies in Saudi Arabia, with a focus on promoting the capabilities of the C-390 Millennium aircraft and delivering support to the kingdom’s Ministry of Defense.
SAMI and Embraer will work to establish comprehensive maintenance capability for the Embraer aircraft in the Kingdom. Additionally, both companies will explore a Regional MRO Hub and a final assembly line for the Embraer C-390, as well as a mission system integration in the Kingdom. SAMI and Embraer will also engage in training activities, which will enable the opening of new opportunities for both companies across the aerospace sector in the Kingdom and the region.
“We are delighted to have signed this agreement with Embraer, bringing new support and production facilities into the Kingdom," said Eng. Walid A. Abukhaled, SAMI’s CEO. "This growth in our business scope and capabilities highlights SAMI's dedication to advancing and supporting the development of the aerospace ecosystem in the Kingdom. It is another important step in SAMI’s efforts in supporting the Saudi Vision 2030 to strengthen the Kingdom's self-sufficiency in the defense sector and contribution to the localization of 50% of the defense spending In the Kingdom by 2030.”
“We are very pleased to sign this agreement with SAMI," said Bosco da Costa Junior, President, and CEO of Embraer Defense & Security. "This is the first step to advance cooperation in Defense and Security involving production chains between the two countries. With this Memorandum of Understanding, Embraer advances further into a strategic market. We will work hard to add value to the local industry, to the Royal Saudi Air Force, and to the Kingdom of Saudi Arabia.”
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