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World Defense Show Concludes in Riyadh with $7 Bn Contracts

The second edition of the World Defense Show 2024 concluded in Riyadh with the signing of 61 purchase contracts worth $7 billion. Over 773 participants and more than 441 Saudi delegations representing 116 countries participated in the show, and more than 106,000 visitors arrived at the pavilion. The show also witnessed the signing of 73 agreements, including 17 industrial participation agreements.

Ar riyaSaudi arabiaAhmed al ohaliAsim al rebdiMansour al eidAsharq al awsatAuthority for military industriesComponents companyWorld defense showGeneral authorityMilitary industriesAircraft accessoriesMechanical engineeringIntra defense technologiesUnmanned aircraft system

Major Contracts, Deals on Day Two of Saudi World Defense Show

The second day of the World Defense Show, founded by Saudi Arabia’s General Authority for Military Industries (GAMI), saw a flurry of deals and contracts announced by local, regional, and international defense companies. These deals included agreements for manufacturing and localizing defense systems, joint manufacturing ventures, and various partnerships in the defense sector. These agreements align with Riyadh’s efforts to strengthen military industries by localizing defense manufacturing.

Saudi arabiaAr riyaSaudi arabianKhalid al falihAhmed al ohaliMikail houariAsharq al awsatAuthority for military industriesSaudi ministry of investmentSaudi arabian military industriesLockheed martinSaudi investment ministryKorean aerospace industriesQatar barzan holdingsWorld defense showGeneral authority

Economic, defense integration is key to our collective growth: GAMI chief

Economic, defense integration is key to our collective growth: GAMI chief
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Ar riyaSaudi arabiaBandar alkhorayefKhalid al saudAhmed al ohaliMinistry of investmentSaudi industrial development fundAuthority for military industriesGeneral authorityWorld defense showMineral resources minister bandar alkhorayef

Economic, defense integration is key to our collective growth: GAMI chief

Economic, defense integration is key to our collective growth: GAMI chief
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Saudi arabiaAr riyaAhmed al ohaliAuthority for military industriesGeneral authorityWorld defense show

Saudi GAMI Announces 10 Investment Opportunities in Defense Sector

The Saudi General Authority for Military Industries (GAMI) announced on Monday ten investment opportunities with joint military and civilian uses as a first stage. The new investments are part of the direct outcome of the Military Industries Enabler initiative, launched by the Authority earlier this year. It underscores Saudi Arabia’s commitment to enhancing its military capabilities, diversifying its economy, and providing attractive investment opportunities.

Saudi arabiaKhaled al falihAhmed al ohaliAuthority for military industriesMinistry of investmentIndustries enablerSaudi general authorityMilitary industriesMilitary industries enablerInvestment khaled