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Saudi Arabian Industrial Investments Company (Dussur) divested its 55% ownership stake in General Electric Saudi Advanced Turbines (GESAT) to GE Vernova, making GE Vernova the sole owner. GESAT manufactures gas turbines and has supplied over 200 modules to 10 countries.
Saudi Arabian Military Industries (SAMI), FIGEAC AERO Group, and Dussur signed an agreement to establish SAMI FIGEAC AERO Manufacturing LLC, which will build a high-precision manufacturing facility in Saudi Arabia to produce aero structures components.