Military Industries Corporation

This article is about the Saudi company. For the Sudanese company, see Military Industry Corporation.

Military Industries Corporation
Native name
Arabic: المؤسسة العامة للصناعات الحربية
Company typeGovernment-owned corporation
IndustryDefence
Founded1953; 71 years ago (1953)
Headquarters
Saudi Arabia
Key people
Mohamed Al-Mady (President) (since 2015)[1] Mohammed bin Salman (chairman) (since 2015) [2]
Productsmunitions, firearms, armored vehicle
RevenueSR2,729,921,000[3] (2013)
ParentSaudi Arabian Military Industries
SubsidiariesArmored Vehicles & Heavy Equipment Factory[4]
Websitemic.gov.sa

Military Industries Corporation (MIC or SAMIC; Arabic: المؤسسة العامة للصناعات الحربية) is a state-owned enterprise in Saudi Arabia founded in 1953. MIC became a subsidiary of Saudi Arabian Military Industries (SAMI) in 2017 following its founding.[5] Based in Riyadh, the MIC manufactures armaments and develops Saudi Arabia's military arsenal through technology transfer and research and development.[1]

  1. ^ a b "King Salman Appoints USSABC Saudi Co-Chairman Head of Military Industries Corporation". U.S.-Saudi Arabian Business Council. Retrieved 12 September 2016.
  2. ^ "تفاصيل النظام".
  3. ^ "Budget Allocations for Government Bodies." Arab News (Jeddah, Saudi Arabia). Al Bawaba (Middle East) Ltd. 30 December 2012.
  4. ^ "KSA Firms Eye Deals at Abu Dhabi Defense Show." Arab News (Jeddah, Saudi Arabia). Al Bawaba (Middle East) Ltd. 18 February 2013.
  5. ^ "Gulf War Industry". Retrieved 21 December 2023.