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Saudi Advanced Electronic Company gains approved avionics repair status for Typhoon jets

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KSA can buy 50% stakes in it and renamed it as Arab Electronics Corp. AEC so this will enhance it to R&D with WEST on Military and Commercial Electrical and Electronics.
 
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KSA can buy 50% stakes in it and renamed it as Arab Electronics Corp. AEC so this will enhance it to R&D with WEST on Military and Commercial Electrical and Electronics.

Buy 50% stakes in what? AEC? It is already 100% owned by Saudi Arabia.
 
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AEC is a private sector company to serve local, national, regional and international clients within the defense, telecom and manufacturing industries. The AEC charter includes design, development, manufacturing, the provision of upgrades and logistical support of electronic products & systems.

I am agree that 80% are Saudis and they like others have to hire foreign employees which are experienced.
 
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AEC is a private sector company to serve local, national, regional and international clients within the defense, telecom and manufacturing industries. The AEC charter includes design, development, manufacturing, the provision of upgrades and logistical support of electronic products & systems.

I am agree that 80% are Saudis and they like others have to hire foreign employees which are experienced.

There is no foreigner involvement whatsoever in AEC. It was established based on the directive of the government of Saudi Arabia.
 
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