As an affirmation of the Kingdom of Saudi Arabia National Transformation and its endeavors to achieve the 2030 Vision on the occasion of the historic visit of the U.S. President, Saudi Rotorcraft Support Company confirmed it had received its Investment Authority License and its Commercial Registration, signaling the formal opening of this Saudi business to provide local support the rotorcraft fleet of the Kingdom of Saudi Arabia.

The Saudi Rotorcraft Support Company (SRSC), a joint venture focused on providing comprehensive, in-country maintenance repair and overhaul support for Saudi Arabia’s diverse rotorcraft fleet, proudly received their SAGIA License during an Award Ceremony at the CEO Forum at the Four Seasons Hotel in Riyadh on May 20th 2017.

The CEO Forum coincided with President Donald Trump’s first state visit to Riyadh, developing the commercial & defense relationship between the US and Saudi Arabia.

SRSC formally commenced operations on the 12th April 2017 following the issuance of its commercial registration; Headquartered in Riyadh, with facilities in both Riyadh and Jeddah to support the Kingdom’s commercial and defense rotorcraft platforms.

“The launch of the Saudi Rotorcraft Support Company marks a new beginning for the rotorcraft industry in Saudi Arabia” said Neil Bevan, SRSC’s Chief Executive Officer. “With this local capability dedicated to rotorcraft readiness, we can better serve our customers and support the Kingdom’s goals of localization and economic growth.”

Saudi Arabia has an expanding fleet of military and civil helicopters, and the SRSC is designed to meet the growing demand for local sustainment services.

The SRSC will help to localize the defense industry in Saudi Arabia by expanding the Saudi workforce through creation of self-sustaining jobs, technical skills development for Saudi Nationals and enhancement of the Saudi aerospace supply base. The joint venture has 60 percent Saudization, 10 percent Female Employees and intends to achieve 85 percent Saudiazation, with 35 percent being Female employees as the business grows.

Abdulrahman Al-Khalaf, SRSC Chief Operating Officer said: “Vision 2030 is a major mile marker for SRSC, and a strategy against which we have aligned our business plan, partnering with Saudi Arabia on this road of change.”

About Saudi Rotorcraft Support Company

In 2015 Alsalam Aircraft Company, Boeing and Saudia Aerospace Engineering Industries (SAEI) signed an agreement to create the Saudi Rotorcraft Support Company. The joint venture, an economic offset company, combines core strengths and disciplines to create a unique offering in the Kingdom of Saudi Arabia. Saudi Rotorcraft Support Company achieved its commercial registration on the 12th of April 2017 and delivers improved rotorcraft readiness whilst lowering customer platform life cycle costs and maintenance burden.

World class partners combined with world-class capabilities delivers first of its kind capabilities in the kingdom to support Saudi rotorcraft fleet growth and achieve key Saudi Vision 2030 objectives.

partner, protect & invest™

For more information visit www.saudi-rsc.com

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