ANTONOV Company, Taqnia Aeronautics, a subsidiary of Saudi Technology Development and Investment Co (TAQNIA) and WAHAJ, an affiliate of SIPCHEM have signed a three party MoU to manufacture the AN−132 aircraft.
This Memorandum follows Taqnia’s recent initiatives in forming an alliance to establish manufacturing, testing, and maintenance capabilities for the aircraft. This agreement was signed during the Armed Forces Exhibition for Diversity of Requirements and Capabilities AFED’2018 held in Riyadh, between the 25th of February and 3rd of March
The parties have agreed that at the first stage of cooperative manufacturing, initial set of AN−132 serial aircraft will be constructed at ANTONOV’s production facilities in cooperation with TAQNIA and WAHAJ. At this stage ANTONOV will be prime contractor, TAQNIA and WAHAJ will construct components and units according to the cooperation scheme. In particular, WAHAJ will be engaged in the manufacture of Landing Gear & its qualification.
At the next stages, Parties agreed to deepen the scope of cooperation on ANTONOV aircraft manufacturing as the strategic plan for creation of production facilities in the KSA’s territory is implemented.
Sources:
Antonov Company official website
