EXPAL signing a MOU with Saudi Chemical Company Holding
EXPAL SYSTEMS announces signing a Memorandum of Understanding (MOU) with Saudi Chemical Company Holding (SCCH) through its subsidiary Saudi Chemical Company Limited for the localization of ammunition filling.
The objective of this MOU is both companies to define a joint business model to localize the filling of artillery products in order to improve the service to the Saudi Armed Force through the integration of supply chains and production capabilities.
With this agreement, EXPAL aims to increase its local presence in the Kingdom of Saudi Arabia in alignment with the Vision 2030 goals. This announcement was made within the framework of the World Defence Show (WDS) 2022, where EXPAL was present as one of the main Spanish companies in the defence industry.