TAQNIA Aeronautics and Sikorsky Sign Agreement to Explore Helicopter Business Opportunities in Saudi Arabia

RIYADH, Feb. 23, 2016 – Sikorsky, a Lockheed Martin Company (NYSE: LMT) today signed an agreement with Taqnia Aeronautics to jointly explore helicopter production opportunities in the Kingdom of Saudi Arabia. The new agreement outlines the investment, technology and skills needed to establish production jobs for Saudi citizens, and could lead to direct involvement in … [Read more…]

ANTONOV and ТAQNIA AERONAUTICS signed a Memorandum on delivery of 30 AN−178s to Royal Saudi Air Force

On December 17, 2015,  ANTONOV Company and «ТAQNIA AERONAUTICS», Kingdom of Saudi Arabia, signed the «Memorandum of Understanding». This document confirms the parties’ intension to deliver 30 multipurpose AN−178 aircraft to Royal Saudi Air Force (RSAF). According to Retired Major General Ali Mohammed Al−Ghamdi, President of «ТAQNIA AERONAUTICS», «Signing of this Memorandum is the next … [Read more…]