Singapore, 18 July 2022 – ST Engineering today signed three agreements with the Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund.
Leveraging ST Engineering’s expertise and experience, the agreements include the provision of supplies and services of various defence equipment and capabilities, as well as technical support and training.
Mr Vincent Chong, Group President & CEO, ST Engineering said, “We are extremely pleased to partner with SAMI in this collaboration to deliver high performance and robust defence solutions. This is in line with our international defence efforts in establishing strong local partnerships.”
Commenting on the agreements, SAMI CEO Eng Walid Abukhaled, said, “We are proud to undertake these new ventures with ST Engineering, who has consistently stood out as a global leader in the defence sector. With these new initiatives comes a bright opportunity to leverage supply chain capabilities and fortify our local position as the Kingdom drives towards defence sector autonomy in line with the objective of Vision 2030.”
For media enquiries, please write to us at email@example.com.