Scuba and Airbus Sign Groundbreaking 75 Billion Riyal Agreement for Helicopter Production: Exclusive Interview with Mohammed bin Abdulaziz Al-Ajlan, President of Scuba and Vice President of Ajlan & Brothers Group

2023-07-15 19:20:56

Al-Marsad Newspaper: The content creator, “Muhammad Al-Dream,” published a video clip of his meeting with businessman Mohammed bin Abdulaziz Al-Ajlan, president of the Saudi defense company Scuba and vice president of Ajlan & Brothers Group, after signing an agreement between “Scuba” and “Airbus” worth 75 billion riyals. .

Businessman Mohammed Al-Ajlan said: “The agreement aims to produce helicopters, and it will be 25 aircraft in the first stage, and then increase after that until export, so that the volume of the project is 20 billion dollars, equivalent to 75 billion riyals in the first stage.”

He continued, “In the first stage, we aim to employ 8,500 employees, and our goal is to reach 30,000 direct jobs, and 3 times this number will be indirect jobs, pointing out that 95% of the jobs will be for Saudi men and women.”

He added, “It is a strategic agreement, and this is the main objective of localizing strategic industries with international companies in the Kingdom.”

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