His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince of Saudi Arabia, Vice President of the Council of Ministers and Minister of Defense, has patronized in Seattle the signing ceremony for the establishment of a joint project between the Saudi Military Industries Company (SAMI) and Boeing, the Saudi Press Agency (SPA) reported.
The project aims at localizing more than 55% of the Saudi Arabian fixed-wing aircraft and helicopter’s maintenance, repairs and rehabilitation, in addition to weaponization technology and spare parts supply chains in order to achieve the goals set out in the Kingdom’s Vision 2030, which states that 50% of Saudi Arabia’s military spending will be localized.
The agreement was signed by Ahmed Al-Khateeb, chairman of the board of directors of the Saudi Military Industries Company (SAMI) and Boeing CEO and Chairman of Board of Directors Dennis Muilenburg.
HRH the Crown Prince was briefed on the activities of Boeing Aircraft Industries.
During his tour of the company, he was accompanied by Prince Khalid bin Salman bin Abdulaziz, Saudi Ambassador to the United States; and members of the official delegation accompanying HRH the Crown Prince.
In the framework of his current visit to the United States of America, HRH Prince Mohammed bin Salman left New York City earlier Friday, heading to Seattle where he also met with Bill Gates, Co-Chair of Bill and Melinda Gates Foundation.
During the meeting, they reviewed aspects of cooperation in a number of joint development programs and projects, according to SPA.
Prince Mohammed later met with Jeff Bezos, Founder and CEO of Amazon. They discussed aspects of cooperation as well as promising investment opportunities in the Kingdom of Saudi Arabia according to Saudi Arabia’s Vision 2030.
Both meetings were attended by Prince Khalid bin Salman bin Abdulaziz, Saudi Ambassador to the United States; and members of the official delegation accompanying HRH the Crown Prince. (