Jan 21, 2019 SOURCE: © CTO Data Services Co.
SAMI FORMS JOINT VENTURE WITH NAVANTIA FOR CORVETTE DEAL
Saudi Arabian Military Industries (SAMI) has announced the formation of a joint venture with Navantia following the signing of a multi-billion dollar corvette procurement.
Saudi Arabia announced in July that it would purchase five Avante 2200 corvettes from Navantia for $2.1bn.
Construction will be begin later this year. The bulk of the...
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