Saudi Arabian Military Industries acquires electronics firm AEC

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SPA

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1561497164959077900

Wed, 2019-06-26 00:12

RIYADH: The Saudi Arabian Military Industries Co. (SAMI) has announced that it has acquired the entirety of shares available in Advanced Electronics Co. (AEC).
The revelation came during a joint Saudi-British event in London, attended by the chairman of SAMI, Ahmad Al-Khatib, and the chairman of BAE Systems, Roger Carr.