The Saudi Arabian Military Industries (SAMI) is a national holding company owned 100% by the Public Investment Fund (PIF ); a sovereign wealth fund owned by Saudi Arabia. SAMI develops and supports military industries in Saudi Arabia and plays a major role in localizing the military industries in the Kingdom which is ranked in the top five countries in terms of military expenditures worldwide. This position will provide special tremendous investment opportunities.
SAMI Chairman of the Board of Directors is H.E. Mr. Ahmed Bin Aqeel Al Khateeb, while Dr.Andreas Schwer is the Chief Executive Officer. The Saudi Arabian Military Industries Company (SAMI) is moved by the latest technologies and the best national talents to develop innovative military products and services with international standards through four main units: Aeronautics, Land Systems, Weapons &Missiles and Defense Electronics.
The company focuses on contributing in exports increase and attracting foreign investments to the national military industries sector.