Saudi Arabia, Airbus agree to manufacture military, civilian helicopters locally
20 June 2023; MEMO: The CEO of the Saudi SCOPA defence company, Fawaz Al-Aqeel, yesterday announced the signing of an agreement with the French Airbus company to manufacture civilian and military helicopters in the kingdom.
Al-Aqeel said the project will provide more than 8,500 jobs, adding that the company expects investments worth more than 25 billion riyals ($6.67 billion) over 20 years, Saudi state TV Al-Ekhbariya reported.