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Boeing, Saudi companies forming joint venture

A maintenance, repair and overhaul company for commercial and military helicopters in Saudi Arabia is being formed by Boeing and its Saudi partners.

By Richard Tomkins
The new company will serve commercial and military helicopters, including the Boeing-built AH-64 Apache. Photo courtesy of Boeing
The new company will serve commercial and military helicopters, including the Boeing-built AH-64 Apache. Photo courtesy of Boeing

ST. LOUIS, Aug. 27 (UPI) -- Boeing is partnering with Saudi Arabian companies to create a joint venture company for in-country maintenance, repair and overhaul of helicopters.

The new company formed with Saudia Aerospace Engineering Industries and Alsalam Aircraft Co. is to be called the Saudi Rotorcraft Support Center and will have locations in Riyadh and Jeddah.

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"Boeing is always looking at innovative ways to offer our customers the highest level of service and support," said Leanne Caret, president, Boeing's Global Services & Support business. "The Saudi Rotorcraft Support Center builds upon our decades-long partnership with the kingdom of Saudi Arabia.

"When it's fully operational, the Saudi military will have a national asset that affordably enhances the readiness of their rotorcraft personnel and fleet."

The new company will serve commercial and military helicopters in the country, including the Boeing-built AH-64 Apache, CH-47 Chinook and AH-6i.

Boeing said the agreement for the joint venture has been signed, and formation of the new company will take place late this year or early next year, subject to usual closing conditions and regulatory approvals.

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