Reinforcing its commitment to building a robust and sustainable homegrown military industry, Saudi Arabia Military Industries (SAMI) will participate in the 53rd edition of the International Paris Air Show, the world’s premier and largest event dedicated to the aviation and space industry, the Saudi Press Agency (SPA) reported.
The show will be taking place from 17 to 23 June 2019 at Le Bourget Exhibition Center, Paris, France, and will be officially inaugurated by H.E. the President of the French Republic, Mr. Emmanuel Macron.
The exhibition will be attended by SAMI’s board members, executives and senior management, SPA added.
Featuring an exhibit indoor booth and an outdoor chalet at the show, SAMI will showcase its portfolio of military products and services spanning four business divisions, namely Aeronautics, Land Systems, Weapons and Missiles, and Defense Electronics.
SAMI will also explore new business and investment opportunities and the possibility of forming new partnerships and agreements at the trade show that is expected to attract nearly 350,000 visitors, as well as 2,500 exhibitors who will put their latest defense industries solutions and technologies on display.
The Saudi Arabian Military Industries (SAMI) is a national holding company owned 100% by the Public Investment Fund (PIF ); a sovereign wealth fund owned by Saudi Arabia. SAMI develops and supports military industries in Saudi Arabia and plays a major role in localizing the military industries in the Kingdom which is ranked in the top five countries in terms of military expenditures worldwide. This position will provide special tremendous investment opportunities.
SAMI Chairman of the Board of Directors is H.E. Mr. Ahmed Bin Aqeel Al Khateeb, while Dr. Andreas Schwer is the Chief Executive Officer. The Saudi Arabian Military Industries Company (SAMI) is moved by the latest technologies and the best national talents to develop innovative military products and services with international standards through four main units: Aeronautics, Land Systems, Weapons &Missiles and Defense Electronics.
The company focuses on contributing in exports increase and attracting foreign investments to the national military industries sector, according to SAMI’s stated mission on its website.