Saudi Military Industries signs warships JV, corvettes with Spain’s Navantia

SAMI has signed a JV Agreement for the design and construction of five Avante 2200 corvettes, above, with the Spanish state-owned shipbuilding company Navantia. (Courtesy Navantia)
Updated 19 July 2018

Saudi Military Industries signs warships JV, corvettes with Spain’s Navantia

  • The program will start this autumn with the last unit to be delivered by 2022
  • The contract will generate 6,000 direct and indirect jobs for five years

RIYADH: State-owned Saudi Arabian Military Industries (SAMI) signed an agreement with Spain’s Navantia to set up a joint venture in the Kingdom to build five warships, the state news agency SPA reported on Thursday.
The deal is part of a wider framework agreed in April by Spain and Saudi Arabia for Spanish state-owned shipbuilder Navantia to supply warships to the Gulf Arab state under a deal estimated to be worth around 1.8 billion euros ($2.2 billion).

SPA said the agreement between SAMI and Navantia was for the design and construction of five Avante 2200 Corvettes under a program that would start this autumn, with the last unit due to be delivered by 2022. It gave no value for the deal.
In line with the contract, SAMI said the joint venture would “localize more than 60 percent of ships combat systems works,” including installation and integration in the Saudi market, perfectly aligned with the Kingdom’s Vision 2030, by localizing 50% of total military spending by 2030.
The contract will generate 6,000 direct and indirect jobs for five years, as follows: 1,100 direct jobs, more than 1,800 from the auxiliary industry, and more than 3,000 indirect jobs generated by other suppliers.
In this respect, the JV will focus on program management and combat system integration and installation, system engineering, system architecture, hardware design, software development, testing and verification, prototyping, simulation, modelling, and through-life support.
Ahmed Al-Khateeb, Chairman of Saudi Arabian Military Industries, said: “SAMI remains committed to being a key enabler of the Saudi Vision 2030, and the establishment of this Joint Venture with Navantia will localize more than 60% of ship combat systems work including, installation, and integration, which contribute to the Kingdom’s objective to be at the forefront of shaping the local military industries ecosystem. We will continue to explore collaborations and leverage partnerships that meet our key mandate to localize more than half of the Kingdom’s total military spending.”
Esteban Garcia Vilasanchez, Chairman of Navantia, said: “Navantia is very happy with the signature of this contract that means a starting point for the collaboration with Saudi Arabia. Navantia is committed to contributing to Saudi Vision 2030 and will support the country in this endeavour. The JV between SAMI and Navantia is an opportunity to develop capabilities in the country and jointly explore future opportunities.”
For the Avante 2200 contract, the JV will be responsible, among others, of supplying the Combat System of all five ships. Corvettes 4th and 5th will be finalized and delivered to the Kingdom of Saudi Arabia, where the JV will do the installation, integration and test of the complete Combat System.

Saudi Arabia’s top sovereign wealth fund, the Public Investment Fund (PIF), launched SAMI last year as part of a government plan to diversify the economy, reduce reliance on oil export revenues and create jobs.
SAMI aims to contribute more than 14 billion riyals ($3.7 billion) to the country’s gross domestic product by 2030, according to SPA.

Millions of pilgrims walk to Mina to perform Jamarat, Eid Al-Adhar prayers

Updated 3 min 35 sec ago

Millions of pilgrims walk to Mina to perform Jamarat, Eid Al-Adhar prayers

  • They had spent the previous night camped out after having been to Mount Arafat
  • Tuesday also marked the start of Eid Al-Adhar

DUBAI: Muslims celebrated the first day of Eid Al-Adha on Tuesday, which marks the closing parts of the Hajj pilgrimage.

The massive crowds had spent the previous night camped out in Muzdalifah, having performed the most important of the Hajj rituals, visiting mount Arafat, where they believe the Prophet Muhammad gave his last sermon.

They had also endured poor weather conditions, which ranged from the intense heat of the summer sun, rain and sandstorms.

Millions of pilgrims gathered at Mount Arafat on Monday. (AFP)

On Tuesday the 2.4 million pilgrims walked to a complex in Mina to throw pebbles at three columns.

It is here that Muslims believe the devil tried to talk the Prophet Ibrahim out of submitting to God’s will.

Muslims believe Ibrahim's faith was tested when God commanded him to sacrifice his only son Ismail.

The pilgrims perform the stoning ritual, where they gather at three pillars that represent the Devil.

They throw three stones, each bringing them closer to God as they repent the Devil.

The stoning ritual area is on a multi-level structure that surrounds the pillars with a walkway to and away the site to ensure the safety of the millions of pilgrims.

The final days of Hajj coincide with the Eid al-Adha holiday, or "Feast of Sacrifice."

They traditionally slaughter sheep for the three-day festival, a tribute to the Prophet Ibrahim’s sacrifice of a lamb after God spared Ishmael, his son.

They will consume some of the meat and give the rest to poor people unable to buy food.