Chairman of the Board of Directors of Saudi Arabian Military Industries company (SAMI) Ahmed Al-Khateeb has said that the agreement signed earlier today between SAMI and Spanish Navntia company to establish a joint venture in the area of the development and maintenance of software comes to achieve the Kingdom's ambitious Vision 2030 and as the activation of HRH Crown Prince's announcement to localize 50% of military spending by 2030. This came in a press statement on this occasion.