M1 Al Deraa Opens Headquarters in Riyadh, Saudi Arabia
M1 Al Deraa Opens Headquarters in Riyadh, Saudi Arabia
RIYADH, Saudi Arabia--(BUSINESS WIRE)--M1 Al Deraa, the Saudi Arabian subsidiary of U.S.-based M1 Support Services, a leading provider of aviation solutions supporting the most advanced aircraft in the world, announced today it has opened its new headquarters in Riyadh. The facility is located in the Al-Yasmin District and will be the focal point for M1 Al Deraa operations and maintenance programs in the Kingdom of Saudi Arabia.
“We are both humbled and proud to invest in the Kingdom of Saudi Arabia,” said George Krivo, Chairman and CEO of M1 Support Services. “There is no better place for our investment, especially given the expanding economic and security interests between our two countries.”
M1 “Al Deraa,” which means “the shield” in Arabic, is strategically positioned to support Saudi Arabia’s Vision 2030 through localized industrial capabilities in the defense and commercial sectors. Its capabilities include Lean Maintenance, Repair, and Overhaul (LMRO), supply chain management, engineering, and training services to meet the evolving needs of the Kingdom of Saudi Arabia. M1 Al Deraa will also serve as a hub to provide these services across the Middle East and North Africa (MENA) region.
“The opening ceremony of M1 Al Deraa’s headquarters was a historic day for the company,” said Major General (Retired) Turki Al Tassan, CEO of M1 Al Deraa and former Chief of Saudi Arabian National Guard (SANG) Aviation. “We were honored to be joined by many distinguished government officials, industry leaders, and investors, including the Saudi Public Investment Fund (PIF), and look forward to supporting customers here in the Kingdom.”
About M1 Support Services, a Cerberus Capital Management Company
M1 Support Services is a mission-first, force-multiplying partner solely dedicated to providing aviation solutions to the U.S. Department of Defense, allies, and partner nations. Our complete spectrum of capabilities includes training and simulation, flight operations, maintenance, repair and overhaul (MRO), logistics, aircraft modifications and upgrades. The only company of scale focused solely on aviation services, we execute large, complex programs of national and international significance, supporting the most advanced military aircraft in the world. Learn more at www.M1services.com.
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M1 Support Services
media@m1services.com
