EDGE Group acquires the remaining 40 per cent stake currently held by Lockheed Martin Corporation and Sikorsky in AMMROC.
The Saudi Technology Development and Investment Company (TAQNIA) and Lockheed Martin will develop and deploy the new ground segment for the secure and commercial operations of SaudiGeoSat-1.
Saudi Arabian Military Industries (SAMI) announced the signing of a Term Sheet Agreement to acquire 100 percent ownership in Advanced Electronics Company (AEC).
Lockheed Martin received a $1.2 billion contract from the U.S. government to produce 16 new F-16 Block 70 aircraft for the Royal Bahraini Air Force.
Lockheed Martin announced that Robert Harward will expand his role to lead the company’s growing regional business as CEO of Lockheed Martin Middle East.
Ajman-based Gulf Craft, one of the world’s largest luxury ship builders, has appointed Gregory Yeakle to be their new Chief Executive Officer.
Dubai Aerospace Enterprise (DAE) has announced today the appointment of David Houlihan to the newly created position of President of DAE Capital.
Emirates Global Aluminium has officially inaugurated Ducab Aluminium Company (DAC), a manufacturer of aluminium rods and overhead conductors.
Saudi Arabian Military Industries (SAMI) today announced a new board of directors and the appointment of Dr. Andreas Schwer as Chief Executive Officer.