Fostering
Technology Transfer
& Industrialization,
A Private Sector View
US-Saudi Forum, Los Angeles
September 18, 2013
Da...
A Private Sector Perspective
2
Vinnell Arabia & Saudi Arabia Nat’l Guard
3
Disaster response simulationTraining courses
SANG on parade
Educational Partnerships
4
Innovation as a mechanism for change
5
Economic Offset Program
6
Future Prospects
7
USSaudiForum - Panel 12 - David Perry - Fostering Technology Transfer and Industrialization
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USSaudiForum - Panel 12 - David Perry - Fostering Technology Transfer and Industrialization

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The 3rd US-Saudi Business Opportunities Forum was held Sep 16-18, 2013, bringing together officials, business people, educators and specialists highlighting the U.S.-Saudi trade relationship and how U.S. companies can participate in Saudi Arabia's expansion.

Saudi Arabia is undergoing an extraordinary economic boom. Massive public investment, rapid private-sector growth and new sector initiatives are driving an expansion projected to offer more than $1 trillion in trade and investment opportunities over the next decade.

This panel of distinguished experts highlighted fostering technology transfer and industrialization.

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  • Thank you, Amer, and I want to thank you and the organizers of the Forum for including me on such a distinguished panel of speakers. I am happy to address this topic from the perspective of the private sector. While I am not an expert on Saudi Arabia, I have seen first-hand the success of Northrop Grumman’s collaborative efforts and have engaged with our Saudi partners to work out details for further cooperation in various fields
  • Northrop Grumman has enjoyed a proud partnership in Saudi Arabia for almost forty years, with our joint venture Vinnell Arabia that trains the Saudi National Guard In this program, we have implemented an active knowledge transfer program by training the trainers The program is also a model for transition of capabilities to the Saudi military forces & a shining example for maximizing Saudi employment – approximately 60% of the 1000 employees are Saudi nationals. More recently we have been working with other partners in other areas of the economy.
  • We believe knowledge transfers through education are fundamental to creating the successful building blocks of economic diversification. In our conversations with Saudi educators, it is clear they believe the current Saudi educational structure needs to be directed more towards science-based subjects in order for technology transfers to become self sustaining and to generate high-value jobs in the future. In the past year we have developed an excellent working relationship with King Saud University We plan to hold a technical symposium on regional security issues with King Saud University in February 2014 We have provided internships for Saudi students through our joint venture, Vinnell Arabia. We are also working to provide internships in the USA for Saudi students in partnership with leading US Universities 
  • Another reason we believe education is the key to moving the Saudi economy forward, is in looking at the need for the application of innovation: - innovation is not bound by borders- innovation can provide new technology approaches appropriate to the needs of the country, its people and its culture- innovation can be used to reduce costs and streamline processes - innovation is a powerful mechanism for change – local development enables culturally-sensitive adoption approaches
  • I think most of the US defense industry understands clearly the motivations of the Saudi government in applying its Economic Offset Program, that is:- To expand the industrial & manufacturing base- To increase the competitiveness of, and the participation by, the Saudi private sector- To increase the potential for technology transfer, and- To provide for a robust economy that offers job opportunities, esp. to the young Self-sufficiency is a goal most countries seek, but in today’s globalized world self-sufficiency is a long-term goal Efficiencies and cost-savings, on the other hand, are achievable goals, especially with the application of innovative thinking
  • Technology transfer will continue to be a challenge for US corporations due to restrictions posed by export controls as well as a need to protect intellectual property. However, as I have pointed out, there are other areas of opportunities, particularly in the service sector which, in the longer term, will provide higher benefits and sustainable business opportunities for Saudi industry.   Northrop Grumman is known for its ability to solve our customers’ most complex challenges – using advanced technology and innovation. In the last 3-4 years we have significantly reduced our costs – both internally and for customers. We have achieved these savings using a strategic approach applying innovation and new business methods. Affordable innovation is becoming part of our DNA, and with our partners in the Kingdom we are looking at projects that support the priorities of our Saudi government hosts. The Kingdom is taking a two-pronged approach – building world class infrastructure while at the same time doing everything possible to move the economy towards a longer-term sustainable model. Much of this new industrial and business development is intended to be achieved in partnership with foreign investors.
  • USSaudiForum - Panel 12 - David Perry - Fostering Technology Transfer and Industrialization

    1. 1. Fostering Technology Transfer & Industrialization, A Private Sector View US-Saudi Forum, Los Angeles September 18, 2013 Dave Perry, Corporate Vice President, Global Business Development
    2. 2. A Private Sector Perspective 2
    3. 3. Vinnell Arabia & Saudi Arabia Nat’l Guard 3 Disaster response simulationTraining courses SANG on parade
    4. 4. Educational Partnerships 4
    5. 5. Innovation as a mechanism for change 5
    6. 6. Economic Offset Program 6
    7. 7. Future Prospects 7

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