DSEI 2021: SAMI continuing to target M&A, increasing localisation

by Charles Forrester

Saudi Arabian Military Industries (SAMI) will continue to target acquisitions of companies in the Kingdom, as the company carries on with moving collaboration agreements with international primes through to joint ventures.

“We have clear strategy of what's required in SAMI, [and] what capabilities need to be achieved, because we are looking at the whole Saudi defence industry. We want to make sure, as a national defence champion, that we can have synergies and efficiencies in the defence industry,” SAMI CEO Walid Abukhaled told Janes at the DSEI trade show in London on 14 September.

https://www.janes.com/defence-news/news-detail/dsei-2021-sami-continuing-to-target-ma-increasing-localisation

Saudi Arabian Military Industries (SAMI) will continue to target acquisitions of companies in the Ki...

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