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)
While the Saudi defence sector continues its push to contribute to the national Vision 2030 economic modernisation programme, contracts awarded during WDS 2022 reveal there is still a role for international companies as well.
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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