SAMI-L3Harris Technologies JV begins operations

Signing ceremony of the new joint venture

Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund (PIF), announced the launch and operation of a new joint venture (JV) with L3Harris Technologies. The JV - SAMI L3Harris Technologies - has been created to accelerate SAMI’s growth by developing advanced communication, sensors, and integrated mission systems capabilities in support of Saudi Arabia’s armed and security forces, the company said in a statement.

The project underlines SAMI’s commitment towards building a robust indigenous defense industry ecosystem in the Kingdom through global partnerships.

The launch of the JV was initiated through signing of an agreement with L3Harris Technologies at the Paris Air Show in June 2019. The venture achieved commercial registration in August 2020 and is fully operational.

The two parties aim to collaborate in technical and specialized operator and maintenance training, transfer of production, and transfer of technology through research and development programs in approved technologies. The statement said that the JV scope will expand to include prime contractor responsibilities for integrated mission systems and platforms, leveraging robust local industry partnerships.