RTX
Raytheon Saudi Arabia, an RTX (NYSE: RTX) business, and the General Authority for Military Industries (GAMI) today announced a series of strategic initiatives that will contribute to strengthening Saudi Arabia’s defense industrial ecosystem.
The initiatives include exploring the manufacturing and testing of a number of key components within the Kingdom’s Patriot air defense system - including the production of the Patriot missile launcher with Arabian International Company (AIC) for Steel, the manufacturing of the GEM-T missile canister with Zahid Industries, and the final assembly, integration, and testing of the Patriot GEM-T effector with Saudi Arabian Military Industries (SAMI).
Raytheon Saudi Arabia will also work together with SAMI to train and deploy Saudi talent who will provide continuous air defense operations in the Kingdom, including maintenance and repair of critical Patriot air defense system components.
“This strategic partnership underscores our commitment to the Kingdom's defense industry, creating significant value and self-reliance to foster growth within the region,” said Ahmad Al Salamah, managing director of Raytheon Saudi Arabia. “These initiatives will provide the tools, training and resources needed to contribute to the Kingdom’s self-sufficiency and further bolster RTX’s global supply chain.”
Investments at AIC Steel, Zahid Industries, and other supply partners located throughout the Kingdom will enable these entities to join the Raytheon global supply chain and produce critical elements of the Patriot air defense system for both domestic and international use.
This collaboration aligns with GAMI's efforts to strengthen the defense industrial ecosystem, include Saudi companies in major international supply chains, develop capabilities, and support Saudi talent in order to reach self-sufficiency and achieve the goals of Vision 2030.
It also reaffirms Raytheon Saudi Arabia’s continued commitment to supporting the Kingdom’s security and industrialization ambitions and the growth of the Kingdom’s defense supply chain.
