Saudi Arabian company has signed an agreement with China to manufacture unmanned aerial vehicle payload systems in the Kingdom.
The deal was signed between Advanced Communications and Electronics Systems Company (ACES) and Chinese government’s China Electronics Technology Group (CETC) at the World Defense Show (WDS) on March 6, local media reported. Riyadh-based ACES firm recently established a new company named ‘Aerial Solutions’ to focus on drone production.
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Specializing in dual-use electronics, CETC will aid in establishing a R&D center and manufacturing team for various types of unmanned aerial vehicle (UAV) payload systems.
This comes in line with Saudi Vision 2030 as the Kingdom aims to localize the field of military industries and maximize the sector’s contribution to the national economy.