| SAMI Advanced Electronics Company | |
| Industry: | Electronics, Military technology, Digital |
| Hq Location City: | Riyadh |
| Hq Location Country: | Saudi Arabia |
| Area Served: | Saudi Arabia |
| Key People: | Ziad Al Musallam (President & CEO) |
| Num Employees: | 2000+ |
| Parent: | Saudi Arabian Military Industries |
| Subsid: | Advanced Electronics Support Services Company (AESSCO) [1] |
Advanced Electronics Company (AEC) is a company in Saudi Arabia that was established in 1988 under the Economic Offset Program as per the directives of the government of Saudi Arabia. AEC is a state owned organization specializing in the field of defense, energy, Digital & security services, and modern electronics. AEC is a subsidiary of state-owned defense company Saudi Arabian Military Industries, whose parent company is Public Investment Fund (PIF).[2]
In December 2020, the Saudi Arabian Military Industries (SAMI) fully acquired AEC, making it a 100% Saudi-owned company. The deal shall strengthen SAMI's presence in the defense industries market.[3] It is the largest military industries deal ever concluded in Saudi Arabia.[4]
In 2021, Ziad bin Houmod Al-Musallam was appointed the CEO of AEC.[5]