Technology Company aims to increase its foothold in Saudi Arabia’s Defense Sector
Cummins Arabia announced the signing of a Memorandum of Understanding (MoU) with Al Rasheed Co. to explore mutually beneficial business opportunities within the defense sector in the Kingdom of Saudi Arabia.
With a rich history and expertise in serving the defense segment, Cummins Arabia will bring innovative and reliable power solutions that cater to the unique demands of the sector. The partnership will amplify the potential to deliver unparalleled solutions and services to the Kingdom.
“Our partnership with Al Rasheed Co. opens new horizons for Cummins Arabia, significantly expanding our operations within the Kingdom. This goes beyond a mere partnership; it reflects our unwavering commitment to investing locally and spearheading technologies that drive a sustainable future. The upcoming launch of our US$ 2mn Dyno Test Cell facility in Dammam demonstrates this commitment,” asserted Ahmed Alghamdi, Country Leader, Cummins Arabia.
Developing technologies
Cummins Arabia, a pioneer in developing technologies to power future generations sustainably, is steadfast in its commitment to serve customers in the Saudi Arabian region, underlined by significant investments and a focus on localization, according to a press communique.
“Together, we will play a crucial role in steering the Kingdom towards achieving its ambitious milestones, fostering a sustainable, diversified economy, and laying a robust foundation for the defense sector that will stand the test of time,” commented Hadi Al Rasheed, General Manager, Al Rasheed Co.
“The signing of this MoU is a testament to the dedication and hard work of both companies. It’s an exciting time for us, and we are confident that this partnership will yield significant benefits for both parties and the Kingdom as a whole,” remarked Olavo Fernandes, Aftermarket & Engine Sales Leader, Cummins Arabia.
