As part of the collaborative framework and the positive relationship between Italy and Saudi Arabia, ELT Group signed a Memorandum Of Understanding (MoU) with the Ministry of Investment of the Kingdom of Saudi Arabia (MISA) and the General Authority for Military Industries (GAMI) in the Kingdom of Saudi Arabia (KSA).
The MoU was signed in the presence of the President and CEO Enzo Benigni, HE Eng. Khalid bin Abdulaziz Al-Falih Saudi Minister of Investment, Mohammed bin Saleh Al-Athel, Deputy Governor of the Saudi General Authority for Military Industries, Lorenzo Benigni the Senior VP Institutional Relations and Paolo Izzo our Senior VP Global Sales.
The MoU addresses the achievements of ELT Group to align its presence in the Kingdom with KSA’s Vision 2030, aiming at exploring collaboration opportunities in the aerospace and defence sectors, including training and development of a domestic supply chain in Saudi Arabia.
ELT Group has a long established history and strong relationship with the Country, marked recently by the establishment of a Saudi-law company, Elettronica for Industries LLC, focused on localizing logistic support and, more extensively, the entire value chain.
Through this MOU ELT Group wants to underline its role as a key Partner to the Kingdom of Saudi Arabia, due to its 70 years of experience in managing the electromagnetic spectrum and developing electronic defence systems in the naval, air, land, cyber, and space domains.
For more than 70 years, ELT Group has been a world leader in Electronic Defense systems. Thanks to innovative management of the electromagnetic spectrum, achieved through proprietary and integrated technologies, today the brand is an international Group with a multi-domain approach that also covers Cyber, Space and Biodefense.
By the experience gained through participation in major European Defense programs including Eurofighter Typhoon, FREMM, PPA, today ELT Group is present in more than 30 countries in the world with more than 3,000 systems supplied, and also participates in the project for the sixth generation avionics platform GCAP (Global Combat Air Programme).
ELT Group is headquartered in Italy, but has a presence in 11 countries located on 3 continents through sales offices and companies of strategic importance and local law in Germany and Saudi Arabia.
Also part of the ELT Group are CY4GATE, which specializes in Cyber security and Cyber Intelligence, E4Life, Italy’s first Biodefense company and Solynx Corporation, a US-based technology scouting company.
