The Saudi Ministry of Defense (MoD) announced the closing of 23 deals worth more than SR 13 billion ($3.46 billion) with local and international companies on Wednesday, the fourth day of World Defense Show 2022, the kingdom’s first defense show.
The MoD signed five deals with the Saudi Arabian Military Industries (SAMI), two of which were closed with the Royal Saudi Land Forces (RSLF) and three with the Royal Saudi Naval Forces (RSNF).
The SR 6 billion deal with SAMI includes providing advanced communication systems, armored vehicles, ammunition, and maritime systems.
The Ministry also signed an SR 1 billion contract with Military Industries Corporation (MIC) to acquire defense systems, technical and logistic support, as well as training for the Royal Saudi Air Forces (RSAF).
The four-day WDS 2022, which began on March 6 in Riyadh, also witnessed the signing of two contracts worth SR 2 billion between MoD and Raytheon to support the defense capabilities of the Royal Saudi Air Defense Forces (RSADF).
The MoD signed an SR 1 billion contract with Lockheed Martin Global Inc., which will allow RSAF to acquire sensing systems, including localization and sustainment programs. A SR 370 million contract was signed with Poly Technologies to obtain air defense systems for the RSADF.
The Ministry signed SR 1.5 billion worth of two contracts with Thales International, a French company, for the Royal Saudi Air Defense Forces (RSADF). The contracts allow the RSADF to obtain defense systems and technical support.
The Ministry signed three contracts worth SR 250 million for the Royal Saudi Air Forces (RSAF) with the Advanced Electronics Company (AEC). The contracts will benefit RSAF in further development, technical support, and maintenance of training systems for the F15 simulators.
Furthermore, the MoD signed two contracts worth SR 400 million with Aircraft Accessories and Components Company (AAC) to provide supply chain services to the RSAF.
The Ministry signed another SR 260 million contract with the Swiss company Rheinmetall to provide the Royal Saudi Air Defense Forces (RAFF) with support supply services and technical support for air defense systems.
Additionally, the MoD signed four contracts worth SR 100 million for the Royal Saudi Land Forces (RSLF) with the National Company for Mechanical Systems (NCMS). These contracts will provide RSLF with state-of-the-art electro-optical systems, including localization and sustainability services.
Finally, the Ministry signed an SR 100 million contract with Aerovision International to provide support services for B707 aircraft.