Lockheed Martin has entered into a master research agreement with Saudi Arabia’s King Abdulaziz University (KAU). Both entities will focus on research and development initiatives in the industrial, aerospace and engineering sectors to support the Saudi Vision 2030 goals, which aim sto diversify the kingdom's economy beyond oil .
H.E. Prof. Dr. Abdulrahman Al Youbi, president of King Abdulaziz University, and Dr. Lawrence Schuette, director of Global Science & Technology, Lockheed Martin Corporation, signed the agreement during a virtual ceremony with the participation of Joseph Rank, chief executive of Lockheed Martin Saudi Arabia, Prof. Yusuf Alturki, vice president for graduate studies and scientific research at KAU, and other officials.
The agreement provides a framework to support future projects, with an immediate focus on technology development in areas such as industrial engineering, additive manufacturing, and air vehicle research.
“King Abdulaziz University is committed to advancing innovation in engineering through technology-focused projects that support Saudi Vision 2030,” said Dr. Al Youbi in comments during the ceremony. “Cooperating with leading technology companies such as Lockheed Martin will enable us to share expertise in the field of applied research and will provide us with unique opportunities to support the development of Saudi industrial capabilities.”
With 25 different research centres, King Abdulaziz University, based in Jeddah, is Saudi Arabia’s premier educational institution focusing on international outreach and collaboration in research and innovation.
As a leading security and aerospace company and supplier of advanced technologies, Lockheed Martin works with leading universities worldwide to sponsor and perform collaborative research for government customers.
Lockheed Martin has been a committed partner to the Kingdom of Saudi Arabia since 1965. Today, the company’s presence has moved beyond defence systems to provide various products and services, technical support, and educational expertise to strengthen the Kingdom’s defence industry.