Aerospace and Defense

Grow Saudi Arabia’s Aerospace sector and solidify its Defence industry

PIF is instrumental in transforming Saudi Arabia's defense, aviation, space, and aerospace sectors through strategic investments and powerful partnerships. It is committed to localizing military industries, enhancing technological capabilities, and establishing Saudi Arabia as a leading force on the global stage. In the aviation arena, PIF has successfully launched Riyadh Air, which is designed to significantly expand and invigorate transportation, trade, and tourism.

Opportunities

Demand for local military sectors, including military systems, equipment, spare parts, and components, as well as MRO
Growth in demand for new aircraft and design specifications

13 Aircraft

AviLease signed a deal with Avolon to acquire

$725 MN

The aircraft deal is valued

Progress

Outcomes through supporting portfolio companies in achieving their business objectives by

Saudi Arabian Military Industries (SAMI) acquired Alsalam Aerospace Industries Company, an important and vital player in the aircraft Maintenance, Repair and Overhaul (MRO) industry in Saudi Arabia.
AviLease signed a deal with Avolon to acquire a portfolio of 13 aircraft valued at $725 million.
The Helicopter Company expanded its Leonardo AW139 twin-engine fleet by adding seven helicopters to reach a total of 16.
The National Security Services Company (SAFE) acquired the Cash Management Services Business unit of ABANA Enterprises Group.
Neo Space Group (NSG) acquired TAQNIA ETS, a leading geospatial services provider in Saudi Arabia. This acquisition strengthens NSG’s position in the industry and expands the Company’s capabilities in Earth Observation and geospatial solutions.

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