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SAMI 2.0, Saudi IP steal the World Defense Show
The Ministry of Defense signed 28 contracts explicitly tied to the 50% localization target
Modon lines up investors for projects worth up to SAR 130 mn
The Kingdom has a target of localizing over 50% of its military equipment spending by 2030
It’s a wrap at the World Defense Show
Featuring 773 exhibitors and 106k visitors
More from the World Defense Show
We may also see domestic assembly of drones and Sami is pushing ahead with ambitious manufacturing plans
All the best toys from Lockheed, Airbus, and even Boeing
Boeing has submitted an application for a regional HQ in Riyadh
Blinken due in Saudi Arabia this morning as he kickstarts fifth tour since October
Plus: Reuters reports Riyadh is looking for a defense pact with Washington before US voters go to the polls in…
Expect a big week for defense industry news
Twice as many players are working in the Saudi defense industry compared to just two years ago