Saudi defense contractor to invest up to $16 million to further localize services
- Date: 18-Nov-2019
- Source: Arab News
- Sector:Defense
- Country:Saudi Arabia
Saudi defense contractor to invest up to $16 million to further localize services
article author: Kateryna KadabashyMon, 2019-11-18 15:50
DUBAI: Saudi-based defense contractor Middle East Propulsion Company (MEPC) plans to invest between $13 million and $16 million over the next two years to build test cells for aircraft engines and establish new production lines.
These expansion activities should complement the company's objective to localize high-tech repairs and combine them in one roof for the Saudi defense ministry, which is a major customer, CEO Abdullah Al-Omari told Arab News.Main category: Business & EconomyTags: aviationDefenseDubai AirshowSaudi ArabiaMiddle East Propulsion Company
Select Sector 
Select Country 
