Lockheed Martin, what Saudi Arabia will do with the Thaad system
During the Riyadh World Defense Show, which ran from 6 to 9 March, the General Authority for Military Industries of Saudi Arabia announced that it had approved two local projects for the Thaad air defense system. The article by Giuseppe Gagliano
During the World Defense Show in Riyadh, which took place from 6 to 9 March, the General Authority for Military Industries of Saudi Arabia or GAMI, announced that it had approved two local projects for the Thaad air defense system : the first for the production of missile interceptor launchers and the second for the production of missile interceptor containers.
In October 2017, the US State Department approved a foreign military sale to Saudi Arabia for THAAD and related support, equipment and services for an estimated cost of $ 15 billion. About a year later, in November 2018, the kingdom signed a letter of offer and acceptance with the United States for Lockheed's THAAD.
The projects are part of Saudi Arabia's effort to spend 50% of its money allocated nationwide on defense equipment and services by 2030, according to a GAMI statement.
Lockheed Martin is engaged with its Saudi partners in several capacity building programs that are formulated to help achieve the country's development goals. This announcement will significantly increase global and regional security.
During the inaugural World Defense Show, GAMI said, it signed 22 industrial partnerships with national and international defense companies, worth a total of 29.7 billion riyals (US $ 7.9 billion). The agreements included the direct purchase of military systems, the construction of production lines, the transfer of know-how and training, and the localization of technologies and services. Saudi companies are involved in 46% of the total value of the offers made during the show.
Among the Italian companies present, Leonardo also played an undoubtedly important role , together with Aiad, Beretta, Elettronica and Fincantieri.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/lockheed-martin-cosa-fara-larabia-saudita-con-il-sistema-thaad/ on Sun, 13 Mar 2022 16:03:52 +0000.