NIMR, the leading manufacturer of combat-proven wheeled military vehicles, signed a manufacturing license agreement with Saudi Arabian Military Industries (SAMI), a wholly owned subsidiary of the Public Investment Fund, to transfer technology and boost SAMI’s domestic industrial capabilities, enabling the production of the combat proven JAIS 4×4 vehicle in Saudi Arabia.
Following the signing of the teaming agreement during IDEX 2021, his Excellency Staff Major General Pilot Faris Khalaf Al Mazrouei, Chairman of the NIMR Board and Eng.Walid Abukhaled, CEO of SAMI, signed into the next phase of their partnership at the World Defense Show 2022 held in Riyadh, Saudi Arabia.
Designed to enable local manufacture of the JAIS vehicle, the defence procurement programme between the two countries testifies the sides’ utmost commitment to diversifying their economies, developing local talent, and establishing high-technology industries.
Abri du Plessis, CEO, NIMR said: “Building strategic partnerships is at the heart of NIMR’s strategy – it is truly a defining moment for us to enter the first major defence procurement programme between the UAE and Saudi Arabia.
He added: “This momentous deal demonstrates our export capabilities and commitment to delivering cutting-edge products at world-class standards. We look forward to building on this synergy in strengthening the country’s security and prosperity through defence, technology and knowledge transfer programmes.”