Boeing [NYSE: BA] and the King Abdulaziz City for Science & Technology (KACST) today announced an agreement to establish a Decision Support Center (DSC) in Riyadh to conduct advanced modeling, simulation and analysis activities with aerospace customers and partners in the Kingdom. HH Dr. Turki bin Saud bin Mohammed Al-Saud, KACST Vice President of Research Institutes, and Dennis Muilenburg, Boeing Defense, Space & Security president and CEO , signed the agreement during a ceremony in KACST.
When the DSC opens in late 2011, its advanced tools will help users explore proposed systems and architectures in a real-time, interactive environment so that they can make well-informed decisions on the support, modernization and interoperability of aerospace platforms.
"The DSC project strengthens KACST's established relationship with The Boeing Company," said Al-Saud. "It will combine local talents and capabilities with Boeing's experience and cutting-edge technology to support customer decision-making."
"For for more than 65 years, the Kingdom of Saudi Arabia has been one of Boeing's most important and strategic partners," said Muilenburg. "The DSC will be a key tool for innovation within the Kingdom. Boeing also is committed to continued partnership with other organizations in Saudi Arabia in their plans to develop research and technology infrastructure and capabilities here."
"KACST is a strategic partner in the region for Boeing and we aim to continue solidifying this relationship," said Ahmed Jazzar, president of Boeing Saudi Arabia. "We are also committed to continue partnering with other Saudi organizations in their long-term plans to develop research and technology infrastructure and capabilities in the Kingdom."
Boeing is the world's leading aerospace company and the largest manufacturer of aircraft in the civil and defense sectors combined. Additionally, Boeing designs and manufactures rotorcraft, electronic systems, satellites, launch vehicles and advanced information and communication systems. Headquartered in Chicago, it employs more than 159,000 people across the United States and in 70 countries.
As part of its longstanding commitment to Saudi Arabia, Boeing continues to establish strong and enduring partnerships in the Kingdom through human capital development programs and technology and knowledge transfer. The company is continuously exploring opportunities to reinforce its partnerships through long-term and mutually beneficial participation while enhancing the country's expertise and knowledge in the aviation sector. Boeing was a pioneer supporter of Saudi offset programs and is a major shareholder in Alsalam Aircraft Company, a Founding Member of Alfaisal University and a Founding Member of the King Abdullah University of Science and Technology Industrial Collaboration Program.
