Saudi Advanced Industries Company is an industrial investment vehicle of the U.S. Peace Shield defense offset program. The company was formed in 1987, and invests in technology companies in Saudi Arabia. It also holds interests in AlSalam Aircraft Company and the Aircraft Accessories & Components Company, both in Saudi Arabia. References External links Official website Companies of Saudi Arabia Technology companies established in 1987 Companies based in Riyadh Companies listed on Tadawul Investment companies of Saudi Arabia Technology companies of Saudi Arabia Saudi Arabian companies established in 1987