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LOCALIZED
DEFENSE INDUSTRIES
The benefits of localizing our own defense industries are not
limited to solely reducing military spending. It also stimulates
other industrial sectors such as industrial equipment,
communications and information technology, which in turn
creates more job opportunities.
Although the Kingdom is the world’s third biggest military
spender, only 2 percent of this spending is within our Kingdom.
The national defense industrial sector is limited to only seven
companies and two research centers.
Our aim is to localize over 50 percent of military equipment
spending by 2030. We have already begun developing less
complex industries such as those providing spare parts, armored
vehicles and basic ammunition. We will expand this initiative to
higher value and more complex equipment such as military
aircraft. We will build an integrated national network of services
and supporting industries that will improve our self-sufficiency
and strengthen our defense exports, both regionally and
internationally.
AMONG OUR
COMMITMENTS..
Localization will be achieved through direct investments and
strategicpartnershipswithleadingcompaniesinthissector.These
moveswilltransferknowledgeandtechnology,andbuildnational
expertise in the fields of manufacturing, maintenance, repair,
research and development. We will also train our employees and
establish more specialized and integrated industrial complexes.
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