Advanced Electronics Company Limited
Advanced Electronics Company (AEC) is a limited liability company in Saudi Arabia that was established in 1988 under the directives of the government of Saudi Arabia. AEC is specialized in advanced electronics research and manufacturing for defense and communication among others. The goal of AEC is to create local capabilities in strategic areas like advanced manufacturing technologies, communication systems, and product support. In 2006 it signed an agreement with Dell to manufacture personal computers as part of the Saudi governments programme to make PCs affordable to its population.[1] In December 2020 it was announced that the Saudi Arabian Military Industries (SAMI) has acquired AEC. After finishing the regulatory approvals AEC will be a100% Saudi-owned company. The deal shall strengthen SAMI's presence in the defense industries market.[2] It is the largest military industries deal ever concluded in Saudi Arabia.[3]
Industry | Electronics, Military technology |
---|---|
Founded | 1988 |
Headquarters | , |
Area served | Saudi Arabia |
Key people | Abdulaziz Al Duailej (CEO) |
Website | Official website |
See also
- Prince Sultan Advanced Technology Research Institute - a Saudi defense research and development partner.[4]
References
- Hassan, Javid (2006-12-31). "Desktop PC Assembly Plant Planned in Riyadh". Arab News. Retrieved 2008-01-13.
- "Arabian Aerospace - SAMI acquires Advanced Electronics Company". www.arabianaerospace.aero. Retrieved 2021-01-04.
- "SAMI acquires AEC in KSA's biggest military deal". Saudigazette. 2020-12-28. Retrieved 2021-01-04.
- "Partnership between Advanced Electronics and Prince Sultan Advanced Technology Research Institute". Al Riyadh(الرياض) (newspaper). Al Riyadh(الرياض) (newspaper). 8 February 2011.