Cummins Arabia, a leading innovator in sustainable power solutions, has officially signed a Memorandum of Understanding (MoU) with Al Rasheed Co., aiming to explore mutually beneficial business prospects within the defence sector of the Kingdom of Saudi Arabia.
Leveraging its rich history and expertise in serving the defence segment, Cummins Arabia is set to introduce reliable power solutions tailored to meet the unique demands of the sector. This strategic partnership is poised to unlock the potential for delivering unparalleled solutions and services to the Kingdom.
Ahmed Alghamdi, Country Leader of Cummins Arabia, commented on the partnership, saying, “Our collaboration with Al Rasheed Co. opens up new horizons for Cummins Arabia, significantly expanding our footprint within the Kingdom. This partnership goes beyond a mere agreement; it reflects our steadfast commitment to local investment and the advancement of technologies that promote a sustainable future.
“Our upcoming launch of the USD 2 million Dyno Test Cell facility in Dammam is a testament to this commitment. Every initiative and investment we undertake is aligned with the objectives of Vision 2030, ensuring that our contributions play a pivotal role in supporting the country’s ambitious and forward-thinking plan.”
Cummins Arabia, at the forefront of developing sustainable power solutions for future generations, remains dedicated to serving customers in the Saudi Arabian region. This dedication is underlined by substantial investments and a strong emphasis on localization.
Hadi Al Rasheed, General Manager of Al Rasheed Co., expressed his thoughts on the partnership, stating: “The synergy between Al Rasheed Co. and Cummins Arabia heralds a new era in Saudi Arabia’s defense sector. Our partnership represents a fusion of expertise and vision, ready to strengthen a future that aligns with the innovative and transformative goals of Vision 2030. Together, we will play a crucial role in guiding the Kingdom toward the achievement of its ambitious milestones, fostering a sustainable and diversified economy, and establishing a robust foundation for the defense sector that will withstand the test of time.”
Olavo Fernandes, the Aftermarket & Engine Sales Leader for Cummins Arabia, added: “The signing of this MoU is a testament to the dedication and hard work of both companies. It’s an exciting time for us, and we are confident that this partnership will yield significant benefits for both parties and the Kingdom as a whole.”
This significant partnership announcement comes ahead of the eagerly anticipated World Defense Show, scheduled to take place in Riyadh in February 2024. At the event, Cummins Arabia will showcase its innovative engine and power generation solutions tailored specifically for defense applications, further emphasising its commitment to advancing the defense sector in the Kingdom of Saudi Arabia.
