SP's MAI Issue No. 10 | May 16-31, 2017 - Corporate Updates
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CORPORATE
Leonardo appoints Alessandro Profumo Chief Executive OfficerThe Leonardo board has ppointed Alessandro Profumo as the Chief Executive Officer, giving him all the attributions for the unitary management of the Company and the Group.
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CORPORATE
Launch of Saudi Arabian National Defense CompanyThe Saudi Arabian Public Investment Fund (PIF) has announced the creation of a new national military industries company. Saudi Arabian Military Industries (SAMI) will manufacture products...
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CORPORATE
New Raytheon Arabia business unit to be establishedIn a ceremony witnessed by King Salman bin Abdulaziz Al Saud, and President Donald J. Trump, Raytheon Company and the Saudi Arabia Military Industries Company signed a MoU to cooperate...
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CORPORATE
Business agreements strengthen Boeing, Saudi Arabia partnershipSeveral defense and commercial agreements announced yesterday will further strengthen Boeing’s partnership with Saudi Arabia, create or sustain thousands of jobs in both the US and Saudi Arabia...