L3, SAMI Enter Form JV Electro-Optical and Infrared Missions

L3 Technologies announced on June 18^th that it has signed a joint venture agreement with Saudi Arabian Military Industries (SAMI) to collaborate on electro-optical and infrared (EO/IR) and special mission systems projects within Saudi Arabia. The contract was signed in the SAMI Chalet during the Paris Air Show. In February 2019, L3 and SAMI announced the signing of a Memorandum of Understanding (MoU) relating to the joint venture. For more information on the agreement, click here.