{"id":100548,"date":"2025-09-14T00:00:00","date_gmt":"2025-09-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/09\/14\/saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact\/"},"modified":"2025-09-14T00:00:00","modified_gmt":"2025-09-14T00:00:00","slug":"saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/09\/14\/saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact\/","title":{"rendered":"Saudi to locally produce defense parts via Nami-Lockheed pact"},"content":{"rendered":"

\n

DEFENSE-<\/p>\n

<\/strong>Nami + Lockheed to locally manufacture aerospace and defence parts in the Kingdom:<\/strong> National Additive<\/a>Manufacturing and Innovation Company<\/a> (Nami), a JV between state-owned Dussur<\/a> and US-based 3D systems<\/a>, signed an agreement with US arms maker Lockheed Martin<\/a> to qualify and additively manufacture critical military and aerospace components in the Kingdom, according to a press release<\/a>. <\/p>\n

The details:<\/strong> The agreement will see Nami manufacture aluminum parts in the Kingdom that will undergo qualification testing to meet industry standards before being integrated into Lockheed Martin\u2019s global supply chain. <\/p>\n

\n

CAPITAL MARKETS-<\/p>\n

Dar Global joins LSE\u2019s<\/strong> commercial companies category:<\/strong> Real estate developer Dar Global became the first company from the Middle East to transfer its shares from the transition category to the commercial companies category on the London Stock Exchange (LSE), the company said in a press release<\/a>. The change took effect on 8 September.<\/p>\n

Why does it matter?<\/strong> While the move is largely a technical reclassification, it positions the firm more clearly for international investors and signals that Saudi companies can meet global listing standards. Rothschild & Co acted as sole sponsor and financial advisor for the transition.<\/p>\n

\n

INFRASTRUCTURE-<\/p>\n

EIC subsidiaries to supply electrical distribution substations to SEC:<\/strong> Electrical Industries Company\u2019s subsidiaries Wescosa<\/a> and Saudi Transformers Company<\/a> signed a SAR 785.5 mn, 19-month contract with Saudi Electricity Company (SEC) to supply electrical distribution substations through purchase orders issued by SEC, it said in a disclosure to Tadawul<\/a> on Thursday.<\/p>\n

\n

INVESTMENT WATCH-<\/p>\n

Riyadh Valley<\/strong> Company backs FinTech Collective Fund IV: <\/strong>Riyadh Valley Company<\/a>, the investment arm of King Saud University, has invested in FinTech Collective Fund IV, managed by US-based venture capital firm FinTech Collective, it said in a press release<\/a> on Wednesday. The fund focuses on early-stage fintech opportunities, particularly at the intersection of generative AI and financial services, and manages over USD 770 mn in assets across the Kingdom, the US, the UAE, Sweden, the UK, Brazil, Canada, and Denmark.<\/p>\n","protected":false},"excerpt":{"rendered":"

AND - Dar Global completes transfer to LSE\u2019s commercial companies category<\/p>\n","protected":false},"author":1,"featured_media":100549,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[54,4062,10,1390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-electrical-industries-co-eic","tag-enterpriseam-ksa","tag-saudi-electricity-company-sec","wpautop","entry"],"acf":{"mongo_id":"361c3e29-ea53-4104-a378-25f4580a901a","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/9\/745.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Nami and Lockheed Martin partner to manufacture defense parts in Saudi Arabia","related_issue":[100531],"teaser":"AND - Dar Global completes transfer to LSE\u2019s commercial companies category","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/9\/.ceb658f4-989d-4e75-8c4f-cfb46bb534e0.mp3"},"yoast_head":"\nSaudi to locally produce defense parts via Nami-Lockheed pact - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/09\/14\/saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi to locally produce defense parts via Nami-Lockheed pact\" \/>\n<meta property=\"og:description\" content=\"AND - Dar Global completes transfer to LSE\u2019s commercial companies category\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2025\/09\/14\/saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-14T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/745.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/09\/14\/saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/09\/14\/saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi to locally produce defense parts via Nami-Lockheed pact\",\"datePublished\":\"2025-09-14T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/09\/14\/saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact\/\"},\"wordCount\":327,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2025\/09\/14\/saudi-to-locally-produce-defense-parts-via-nami-lockheed-pact\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/9\/745.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ALSO ON OUR RADAR\",\"Electrical Industries Co. 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