# SAMI and Figeac Aero form joint venture for aerostructure factory in Saudi Arabia

Saudi Arabian Military Industries (SAMI) is forming a joint venture with Figeac Aero to build a factory in Saudi Arabia to make aerostructure components. Saudi Arabia will own 60% and Figeac Aero 40%.

- Type: Partnership
- Announced: 2021-12-04
- Where: Saudi Arabia, Saudi Arabia
- Status: announced
- Products: aerostructure components
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Figeac Aero](https://endata.com/companies/16651.md) (partner)
- [Saudi Arabian Military Industries (SAMI)](https://endata.com/companies/59445.md) (partner)

## Sources

- [reuters.com](https://www.reuters.com/world/middle-east/saudis-sami-forms-components-joint-venture-with-figeac-aero-2021-12-04/), 2021-12-04: "Saudi Arabian Military Industries (SAMI) is forming a joint venture with Figeac Aero to build a factory in the Gulf kingdom to make aerostructure components."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.