The company and King Abdullah University of Science and Technology will work together in emerging technology research including nano-infused polymers, aquaculture and autonomous underwater vehicles.
Lockheed’s history in Saudi Arabia dates back to the delivery of the C-130s in the 1960s, said Dr. John Evans, a Lockheed vice president of technology.
Earlier this year, the company signed a memorandum of understanding with the King Abdulaziz City for Science and Technology in Riyadh to research and promote science, technology and innovation in the country.
Lockheed said it is also coordinating with government agencies, academic institutions and other organizations in forming collaborative research, facilitating knowledge sharing and supporting the development of national policy regarding science and technology in Saudi Arabia.
Raytheon recently formed a partnership with a Washington-based private equity firm to offer security technology to customers based in Saudi Arabia.