Riyadh – Sharikat Mubasher: The National Security Services Company (SAFE) announced the signing of two strategic agreements on the sidelines of the Saudi-U.S. Investment Forum, signaling its commitment to strengthening international partnerships in the fields of security and advanced services.
Among the agreements is a major $350 million cooperation deal with U.S.-based defense and technology firm Leidos. The partnership aims to enhance Saudi Arabia’s security capabilities and expand the reach of innovative technology solutions within the Kingdom.
The agreements were unveiled during the Saudi-U.S. Investment Forum held at the King Abdulaziz International Conference Center in Riyadh, which coincides with the official visit of U.S. President Donald Trump to Saudi Arabia.
The forum, designed to bolster economic collaboration between the two nations, brought together top leaders, policymakers, and investors from both sides to explore opportunities in vital sectors.
Saudi Investment Minister Khalid Al-Falih noted that the Kingdom’s macroeconomic stability continues to attract global investors, adding that Saudi Arabia plans to invest $600 billion over the next four years as part of its effort to strengthen U.S. ties. He emphasized that Vision 2030 is expanding investment opportunities across diverse sectors, making the Kingdom an increasingly appealing destination for international partnerships.
