The Saudi Maintenance and Supply Chain Management Company (SMSCMC) and GE Aviation Systems Limited have signed an agreement to boost the investment between the two companies.
The agreement was announced at World Defense Show in Riyadh, signed by Mr. Majed Al-Sahhaf, Commercial Director at SMSCMC and Mr. Wayne Keble, Senior Sales Director with GE Aviation in the presence of SMSCMC Chief Executive Mr. Jeremy Charmak and Mr. Paul Hewitson, Avionics Senior Sales Director from GE Aviation.
The agreement will serve as a foundation for increased cooperation between SMSCMC and GE Aviation as partners in future projects and business activities in Saudi Arabia.
The agreement will support the strategic goals of the Kingdom’s Vision 2030, leading to further investment in Saudi capabilities helping to build sovereign industrial capability.
Jeremy Charmak, CEO of SMSCMC said, “We are delighted to be working with GE Aviation as a well-known world-leading provider of jet engines, components and systems for commercial and military aircraft. Together with our expertise in supply chain management, we will enhance the efficiency of our business in the Kingdom and beyond. Our collaboration is built upon a series of previous successes and support the Vision 2030 by localizing new capabilities and creating promising opportunities for future generations.”
Wayne Keble with GE Aviation commented, “I’m pleased to sign this agreement to strengthen the strategic alliance between two forward thinking organizations that have supported defense capability in the Kingdom for many years. As strong advocates of the strategy to deliver Saudi Arabia’s Vision 2030, this agreement paves the way for increased co-operation, lean and efficient service provision and enhanced localization of capability and technological expertise.”
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