Military Industries Corporation
Subsidiary of Saudi Arabian Military Industries / From Wikipedia, the free encyclopedia
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This article is about the Saudi company. For the Sudanese company, see Military Industry Corporation.
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]
Quick Facts Native name, Company type ...
Native name | Arabic: المؤسسة العامة للصناعات الحربية |
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Company type | Government-owned corporation |
Industry | Defence |
Founded | 1953; 71 years ago (1953) |
Headquarters | |
Key people | Mohamed Al-Mady (President) (since 2015)[1] Mohammed bin Salman (chairman) (since 2015) [2] |
Products | munitions, firearms, armored vehicle |
Revenue | SR2,729,921,000[3] (2013) |
Parent | Saudi Arabian Military Industries |
Subsidiaries | Armored Vehicles & Heavy Equipment Factory[4] |
Website | mic.gov.sa |
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