Putin threatens Kyiv decision-makers after striking energy grid    Lulu opens new store in Al Fakhriyah, Dammam as it further strengthening its presence in Saudi Arabia New Lulu stores are set to open in Makkah and Madinah    Defending the Truth: Saudi Arabia and the 2034 World Cup    Culture minister visits Diriyah Art Futures    Saudi Arabia calls for enhanced international cooperation to address water sector challenges    Survey: 60% will use Riyadh Metro to go for work or school    GCC Preparatory Ministerial Meeting discusses developments in Gaza and Lebanon    RCRC Chief: Riyadh Metro, featuring environmental sustainability, will improve quality of life and revolutionize transportation    Saudi Arabia hosts over 13 million foreign residents from 60 countries, says human rights official    Al Taawoun seals AFC Champions League Two knockout spot with 2-1 win over Al Khaldiya    Israel to appeal against ICC warrants for Netanyahu and Gallant    Trump nominates Keith Kellogg as special envoy for Ukraine and Russia    Al-Jasser: Riyadh Metro to accommodate one million passengers daily    Elon Musk publicizes names of government employees he wants to cut    Israelis survey damage and mull return to north as ceasefire begins    Al Hilal advances to AFC Champions League knockout stage despite 1-1 draw with Al Sadd    Best-selling novelist Barbara Taylor Bradford dies    Most decorated Australian Olympian McKeon retires    Adele doesn't know when she'll perform again after tearful Vegas goodbye    'Pregnant' for 15 months: Inside the 'miracle' pregnancy scam    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GAMI Inks Agreement with MEPC and Honeywell to Localize, Develop and Transfer Capabilities
Published in Saudi Press Agency on 31 - 08 - 2021

The General Authority for Military Industries (GAMI) has announced the signing of a localization agreement with Middle East Propulsion Company (MEPC) and US-based Honeywell.
The agreement aims to localize, develop and transfer capabilities for repair and overhaul of AGT1500 engines, improving the operational readiness and the response time of TAT engines, increasing field service response and technical support, as well as creating high-skilled job opportunities for Saudis.
The signing of the agreement at the MEPC headquarters in Riyadh was attended by Eng. Gasem Abdulghani Al-Maimani, GAMI's Deputy Governor for the Military Industries Sector, Eng. Abdullah bin Ali Al-Omari, CEO of MEPC, and Eng. Yazeed Al-Kahtani, General Manager, Saudi Arabia & Bahrain at Honeywell Defense & Space.
"The signing of this agreement will contribute to the localization of the sector in the Kingdom and will accelerate business continuity, transfer of technology and knowledge, utilization and development of existing capabilities and support for local content," GAMI's Deputy Governor Al-Maimani said. He also added that the agreement would create job opportunities in a number of fields, including the repair, overhaul and development of engines.
Under the agreement, the transfer and localization of repair and overhaul capabilities is expected to be completed by the end of 2022. Al-Maimani also noted, "This is in line with our ambition to localize over 50% of the Kingdom's spending on military equipment and services by 2030. Enhancing the sector's strategic independence and increasing local content is a key step towards building a sustainable military industries sector."
The CEO of MEPC, Al-Omari said, "Honeywell's selection of MEPC as a technical partner in the Kingdom aims to build a relationship based on partnership and integration. The main goal of the partnership is to achieve the strategic objectives related to enhancing and developing the Kingdom's military Industry sector capabilities, as well as the continuous cooperation and coordination between the two companies on all issues of common interest. In addition, we extend our thanks to GAMI for its constant and tireless empowerment, on all projects and programs, aimed at localizing military industries in the Kingdom.
"The repair and overhaul agreement with MEPC for the AGT1500 engines will help to strengthen local capabilities in developing and maintaining the engines," said James Schaan, senior director, Defense and Space, EMEAI, Honeywell Aerospace. "Saudi Arabia is an important market for us, and we remain deeply committed to helping the country achieve its Saudi 2030 vision. Our partners including MEPC can leverage our technology expertise and global supply chain network to strengthen their local defense capabilities."
GAMI is continuously working with local and international partners to enhance the process of localization in the sector, in line with the Kingdom's vision to localize more than 50% of military spending by 2030. The Kingdom's National Military Industries Sector Strategy aims to raise strategic independence and readiness in defense and security, enhance cooperation between military and security entities, increase transparency, and ensure spending efficiency.


Clic here to read the story from its source.