The National Security Services Company (SAFE), a fully owned by Public Investment Fund (PIF) company, announces the signing of a memorandum of understanding with Saudi Arabian Military Industries (SAMI) during the World Defense Show 2024. This memorandum aims to exchange security services and consultations with the goal of enhancing secure transportation and advancing technology in the field of security.
Through the signing of this memorandum, both companies will collaborate to enhance security services and reinforce safety technologies for both parties. This collaboration contributes to localization of security services and defense industries and part of this commitment for both companies is to achieve the aspirations of Saudi Vision 2030 in achieving sustainable development and enhancing competitiveness in the security and defense industries sector.
The National Security Services Company (SAFE) and Saudi Arabian Military Industries (SAMI), reaffirm their joint commitment to uplift the security sector in the Kingdom of Saudi Arabia, striving to achieve sustainability and growth in this sector.