Riyadh – Mubasher: Boeing signed several defence and commercial agreements with Saudi Arabia to create thousands of jobs in both the US and KSA, and to enhance national security in the region.

The deals included an agreement between Boeing and SaudiGulf Airlines to negotiate the sale of up to 16 widebody airplanes, according to a statement.

Agreements to purchase Chinook helicopters and associated support services, as well as guided weapon systems were also among the signed deals.

Both parties have agreed on a joint venture to provide sustainment services for a wide range of military platforms.

“The agreement also supports Saudi Arabia’s efforts to grow its indigenous aerospace industry and ecosystem through its Vision 2030 initiative,” Boeing said.

The company highlighted that the deals witnessed a commercial registration certificate for the Saudi Rotorcraft Support Company, a newly formed joint venture between Boeing, Alsalam Aerospace Industries, and Saudia Aerospace Engineering Industries with bases in both Riyadh and Jeddah, which will provide support for both military and commercial helicopters.