WDS 2022: Saudi firms continue push towards Vision 2030
Contracts worth almost $8 billion were signed during WDS 2022, according to Saudi military industry regulator GAMI. (Photo: SAMI)
The Saudi MoD announced five deals with the Saudi Arabian Military Industries (SAMI) on the final day of the inaugural World Defense Show (WDS) 2022 in Riyadh: two were closed with the Royal Saudi Land Forces (RSLF) and three with the Royal Saudi Naval Forces (RSNF).
One SAR6 billion ($1.6 billion) deal with SAMI includes providing advanced communication systems, armoured vehicles, ammunition, and maritime systems.
The ministry also signed a SAR1 billion contract with Military Industries Corporation to acquire defence systems, technical and logistic support, as well as training for the Royal Saudi Air Forces (RSAF).
Additionally, the MoD signed
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