Military Industries Corporation (Saudi Arabia)

Military Industries Corporation

Native name	Arabic: المؤسسة العامة للصناعات الحربية‎‎
Type	Government-owned corporation
Industry	Defence
Founded	1953 (1953)
Headquarters	Saudi Arabia
Key people	Mohamed Al-Mady, President (since 2015)[1]
Products	munitions, firearms, armored vehicle
Revenue	SR2,729,921,000[2] (2013)
Subsidiaries	Armored Vehicles & Heavy Equipment Factory[3]
Website	mic.gov.sa

Military Industries Corporation (MIC) is a state-owned enterprise in Saudi Arabia. Based in Riyadh, it runs armament factories in the nation, and develops Saudi Arabia’s military base through research and development and technology transfer.^[1]

History

The notion of delegating the assembly, maintenance and advancement of Saudi military capabilities to a sovereign entity was first introduced by King Abdulaziz Al Saud in 1949. A Royal decree was issued, stipulating the establishment of a weapons and artillery plant, on September 8, 1950. Contract agreements were concluded with two corporations for the supply of the necessary equipment and apparatus to be installed at the premises of the new factory.

This step was taken with a number of objectives in mind, chief of which was achieving self-sufficiency for the Saudi army. It sought to assert the sovereignty of the Kingdom’s Armed Forces and other military sectors in regard of weaponry and ammunition supplies, and aimed to further the training and employment of Saudi nationals. Another key objective was to successfully assimilate and implement relevant industry technologies.

Production at the Ammunition Factory began in 1953, and was followed by projects to acquire the necessary expertise and to train local plant personnel.^[4] A new munitions factory was opened in Al-Kharj in 2016, in partnership with the German company Rheinmetall Denel Munition.^[5]

Aims and objectives

MIC seeks to accommodate the needs and requirements of Saudi Arabia’s military sectors, acquiring technologies and building up military industries that are capable of keeping up with advancements in the Armed Forces. Its strategy includes:^[4]

1. Recruiting, developing and retaining a national work force. By agreement with the Ministry of Education it has awarded scholarships to 5,000 engineering students, who enter employment with the Corporation upon graduation.^[6]
2. Managing and developing MIC factories and plants.
3. Achieving integration among MIC, the military sectors and government agencies.
4. Cooperating with private sector entities, internally and externally, especially in the field of joint manufacturing.
5. Conducting research in collaboration with national and international universities and research centers; enabling technology transfer among these institutes, and establishing its own research centers.

Human resource policy

MIC is a public corporation enjoying independent financial and administrative status, applying Civil Service and Labor regulations with its employees. It has provided 1,200 housing units for employees, equipped with schools, convenience stores, and health and recreation facilities.^[7] It states that it supports its employees professionally and vocationally through training programs and skill-enhancing workshops.^[4]

References

External links

• Official website