08 March 2022
by Charles Forrester
The Saudi Ministry of Defence (MoD) signed more than SAR7 billion (USD1.86 billion) in procurement deals with industry at the World Defense Show (WDS) in Riyadh, the MoD announced on 8 March.
Korean companies were notably successful, with Hanwha securing a SAR3 billion contract with the Royal Saudi Land Forces (RSLF) to “support its defence capabilities in addition to localisation and supply chain services”. Further details were not available.
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The Saudi Ministry of Defence (MoD) signed more than SAR7 billion (USD1.86 billion) in procurement d...