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INTERVIEW: Building up Saudi Arabia’s defenses Frank Kane
https://arab.news/6wtnd Saudi Arabia spends more on defense than all but a few other countries, but until now it has imported virtually all of its military equipment from abroad. Walid Abu Khalid aims to change that completely and irrevocably. Abu Khalid, with a long career in the international defense industry, is CEO of Saudi Arabia Military Industries (SAMI), the company charged with expanding the Kingdom’s indigenous defense industry, with the goal of localizing at least 50 percent of supply by 2030. That is a challenging target compared with a level of around 3 percent when SAMI was set up in 2017, but he is confident he can achieve it. “I’m shooting for a minimum of 60 percent, maybe more,” he told Arab News.