Saudi Arabia’s all-encompassing Vision 2030 calls for the kingdom to diversify its economy away from oil and to source as much as 50% of defense procurement from local manufacturers by the end of the next decade.  It is a tall order for a nation that in recent years has been one of the world’s biggest importers of defense equipment—Riyadh is estimated to have funded around 12% of all global arms imports in 2014-18, according to the Stockholm International Peace ...

SUBSCRIBE TO ACCESS THIS ARTICLE

"Saudi Arabia Moves Toward Defense Self-Sustainment" is part of Aviation Week & Space Technology’s subscription package. 

Subscribe now to read this full article. And by subscribing, you'll also receive full coverage of what's next in technology from the experts trusted by the global aerospace & defense community. 

 

Already registered? here.