Joint Ventures | Al Defaiya

Joint Ventures

NEOM, Volocopter Launch JV to Create World’s 1st Bespoke Public eVTOL Mobility System
2021-12-06 Read More...
NEOM, the smart and sustainable regional development in northwest Saudi Arabia and Volocopter, the pioneer of urban air mobility, have established a Joint Venture (JV) company to design, implement, and operate the world’s first bespoke public

AM General, Egyptian Ministry of Military Production to Form Automotive Partnership
2021-06-25 Read More...
AM General, global military-grade tactical vehicle and mobility systems provider, signed a Memorandum of Understanding (MoU) with the Egyptian Ministry of Military Production (MoMP) to facilitate Egypt’s development of its domestic military

SAMI, Lockheed Martin Agree to Form Joint Venture
2021-02-23 Read More...
Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund (PIF), and Lockheed Martin inked a strategic agreement to form a Joint Venture to facilitate cooperation between the two

Navantia, Zamil Shipyard to Cooperate on Future Saudi Naval Projects
2021-02-18 Read More...
The Spanish shipbuilder Navantia and Zamil Shipyard have signed a Memorandum of Understanding (MoU) for cooperation in future naval projects in Saudi

SAMI Launches Joint Venture with L3Harris Technologies
2021-02-15 Read More...
Underlining its commitment to building a robust indigenous defense industry ecosystem through global partnerships, Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund

Egyptian Navy Receives First Locally Made Gowind-Class Corvette
2021-01-13 Read More...
Egyptian Naval Forces Commander Vice Admiral Ahmed Khaled attended in Alexandria Monday the ceremony to receive the country’s first-Egyptian manufactured Gowind-class design frigate, the Egyptian Armed Forces

Rosoboronexport, DRDO to Develop Propellants for Missiles & Rockets
2020-02-10 Read More...
Russia’s state arms seller Rosoboronexport and India’s Defense Research and Development Organization (DRDO) signed a contract at last week’s DefExpo international arms show on the joint development of high-performance propellants for rockets and

NAVIRIS (Fincantieri-Naval Group JV) Now Fully Operational
2020-01-17 Read More...
The first board meeting of Naviris, the Joint Venture (JV) between Fincantieri and Naval Group, took place. This partnership cements the shared desire of the two companies to build a future of excellence for the shipbuilding industry and

Hensoldt Optronics, Saudi Arabia’s Intra Sign Cooperation Agreement
2019-11-26 Read More...
With a view to developing new generation EO systems for airborne platforms, HENSOLDT Optronics and INTRA Defense Technologies have recently signed an exclusive agreement in Riyadh, Kingdom of Saudi Arabia

Abu Dhabi Crown Prince Launches EDGE Technology Conglomerate
2019-11-05 Read More...
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces today inaugurated EDGE, a company set to reposition the UAE as a notable global player in advanced

Naval Group-Fincantieri’s Joint Venture Named “NAVIRIS”
2019-11-01 Read More...
Following the announcement made on 14 June 2019, when the operational terms for the incorporation of a 50/50 owned joint venture between Naval Group and Fincantieri were settled out, today the two companies announced the name of the new

SAMI-Navantia Starts Construction of First RSNF Corvette in Cadiz
2019-10-04 Read More...
SAMI-Navantia Naval Industries (SAMI-Navantia), a joint venture between Saudi Arabian Military Industries (SAMI) and Navantia S.A., marked the launch of construction for the first of five Avante 2200 corvettes with an official keel-laying ceremony

SAMI-Navantia Signs Contract With Navantia to Localize 60% of Naval Industries
2019-09-13 Read More...
SAMI Navantia Naval Industries (SAMI-Navantia), a joint venture between Saudi Arabian Military Industries (SAMI) and Navantia S.A., signed a EUR 900 million (approximately SAR 3.7 billion) contract with the Spanish shipbuilder Navantia to

L3Harris, AEC Announce Flight Training Teaming Agreement
2019-09-12 Read More...
L3Harris Technologies and Advanced Electronics Company (AEC) are collaborating to establish rotary and fixed-wing flight training and aircraft maintainer programs for the Royal Saudi Armed

SAMI, Paramount Group Sign Defense Collaboration Agreement
2019-07-08 Read More...
Saudi Arabian Military Industries (SAMI) and Paramount Group, the global aerospace and technology company, announced the signing of a high-level defense collaboration agreement, in line with Saudi Arabia’s vision for the creation of an integrated

Rheinmetall, BAE Systems Launch Military Vehicle Joint Venture
2019-07-03 Read More...
Rheinmetall and BAE Systems launched a new, independent UK-based joint venture (JV) for military vehicle design, manufacture and support – known as Rheinmetall BAE Systems Land

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