The General Authority for Military Industries (GAMI) announced on Saturday the signing of its first Industrial Participation Agreement (IPA) with Raytheon Saudi Arabia to localize to localize maintenance of its Patriot missile defense system.
GAMI Governor Ahmed al-Ohali said the agreement with Raytheon reflected the authority’s efforts to develop Saudi’s military industries and its research and technology capabilities, state news agency SPA reported.
Riyadh-based Raytheon Saudi Arabia supports the Kingdom’s Vision 2030 economic program by creating skilled jobs for Saudis in defense, aerospace and cybersecurity through partnerships with Saudi private sector companies and local universities, according to the company’s website.
