The SC
ELITE MEMBER
- Joined
- Feb 13, 2012
- Messages
- 32,229
- Reaction score
- 21
- Country
- Location
CEO of Middle East Motors Limited, one of the companies of the Economic Balance Program, has announced negotiations and joint meetings with Taqnia to enter into an engineering and strategic partnership for the manufacture of Black Hawk and Antonov aircrafs' engines, Within the company.
He said the project would include the processing of of 80 "Antonov"aircraft engines and about 68 Black Hawk engines, confirming that they were responsible for assembling the entire aircraft engines, while Taqnia company would manufacture the airframe to become a complete aircraft produced in Saudi Arabia. He confirmed an agreement with General Electric to maintain the new F-15 engines, with plans to expand the company's capabilities to diversify engines that are maintained. He explained that the company is engaged in intensive discussions to formulate a strategy to manufacture parts locally for the Middle East Motors Limited to become the "first in the manufacturing of spare parts. He said that the manufacturing process for the parts will go through the first two phases; The Middle East Motors Limited will be the intermediary between the global engine manufacturers and the local factories to produce the small parts. The second stage is the manufacture of large parts inside the company.
He said the company is maintaining the engines with ended life span, the engine is dismantled to six thousand pieces, and then some pieces are re-manufactured to rebuild the engine again, confirming that the company maintenance of all the "F15" and "C 130" engines and part of the engines of " Tornado ". He explained that the local maintenance in the Kingdom saves about 30% of the cost, as well as time, as the internal maintenance takes place in less than 30 days instead of 150 if sent abroad, indicating that the company invested about SR 93 million riyals in the expansion of capacity . He pointed out that the Saudization rate in the company is about 85 % per cent, and the volume of work estimated at SR 250 million riyals, is expected to double to SR 500 million riyals within two years.
http://www.aleqt.com/2016/02/29/article_1034426.html
He said the project would include the processing of of 80 "Antonov"aircraft engines and about 68 Black Hawk engines, confirming that they were responsible for assembling the entire aircraft engines, while Taqnia company would manufacture the airframe to become a complete aircraft produced in Saudi Arabia. He confirmed an agreement with General Electric to maintain the new F-15 engines, with plans to expand the company's capabilities to diversify engines that are maintained. He explained that the company is engaged in intensive discussions to formulate a strategy to manufacture parts locally for the Middle East Motors Limited to become the "first in the manufacturing of spare parts. He said that the manufacturing process for the parts will go through the first two phases; The Middle East Motors Limited will be the intermediary between the global engine manufacturers and the local factories to produce the small parts. The second stage is the manufacture of large parts inside the company.
He said the company is maintaining the engines with ended life span, the engine is dismantled to six thousand pieces, and then some pieces are re-manufactured to rebuild the engine again, confirming that the company maintenance of all the "F15" and "C 130" engines and part of the engines of " Tornado ". He explained that the local maintenance in the Kingdom saves about 30% of the cost, as well as time, as the internal maintenance takes place in less than 30 days instead of 150 if sent abroad, indicating that the company invested about SR 93 million riyals in the expansion of capacity . He pointed out that the Saudization rate in the company is about 85 % per cent, and the volume of work estimated at SR 250 million riyals, is expected to double to SR 500 million riyals within two years.
http://www.aleqt.com/2016/02/29/article_1034426.html
