CONNECTING THE DEFENCE COMMUNITY WITH INSIGHT, INTELLIGENCE & OPPORTUNITIES

Officially Supported By: Defence Contracts International Supply2Defence

Official Media Partners for:

The General Authority for Military Industries (GAMI) has announced its approval of two localisation projects: the first, for localising the manufacture of missile interceptor launchers, and the second for producing the missile interceptor canisters locally.

In collaboration with Lockheed Martin, these projects fall under the program for localisation of the THAAD Weapon System.

Such projects serve GAMI’s strategy to bolster relations with its international partners from across the globe along the Kingdom’s localisation journey, with the ultimate target of localising more than 50% of expenditure on defense equipment and services by the year 2030.

Commenting on this momentous announcement, Gasem Al-Maimani, GAMI Deputy Governor, Military Industry stated that these two localisation projects, are in further service of this promising sector’s national priorities.

Along this localisation journey, and with the robust relations with our international defense partners, air domain defense readiness is expected to be greatly enhanced, said Al-Maimani. He further noted that this project supports investment in building indigenous national capabilities, via empowering new and up-and-coming manufacturing entities, as well as leveraging the integration of efforts with large national companies, to secure their position of prominence globally. Ultimately, all of this facilitation and enablement, pours into achieving the sector’s strategic localisation target of more than 50%, and amplifying the scope and impact of existing capabilities, by 2030.

“For over 50 years, Lockheed Martin has been a committed partner to Saudi Arabia, as the country continues its journey toward ensuring a safe, secure and sustainable future for its people,” said Joseph Rank, chief executive for Lockheed Martin in Saudi Arabia and Africa. “Along with state-of-the-art defense products and innovative solutions, Lockheed Martin is engaged with its Saudi partners across several capacity building programs that are formulated to contribute to the realization of the country’s development goals. This announcement will significantly boost global and regional security while supporting job creation and economic prosperity in Saudi Arabia.”

GAMI looks to secure its core national priorities, namely Military Readiness, Strategic Autonomy, Transparency and Efficiency of Spend, Sustainability of Local Military Industries, and Interoperability within and across Entities.

If you would like to join our community and read more articles like this then please click here

GAMI General Authority for Military Industries THAAD

Post written by: Matt Brown

LATEST STAKEHOLDER

Become a Stakeholder today and benefit from an exclusive marketing package which will allow you to:

  • Engage with active defence buyers and key supply chain partners
  • Create your own branded micro-site which within Defence Online which is managed by you
  • Have a dedicated Digital Account Manager to help enhance your Stakeholder page
  • Promote your news, products, press releases, eBooks and Videos as a Defence Online partner which feeds through to our homepage and social media channels
  • Have your company promoted on our partner website Defence Contracts Online (DCO)
  • All news promoted in mynewsdesk, a major hub for all of our news articles which enables news to be picked up from trade magazines, national newspapers and many other publications which offers extra exposure at no additional cost!

Contact us today or call us on 0845 557 1315 to take advantage of this exclusive marketing package


RELATED ARTICLES

BAE Systems to deliver advanced ballistic missile seekers

August 19, 2022

Air - BAE Systems to deliver advanced ballistic missile seekers

BAE Systems has received a contract from Lockheed Martin to design and manufacture next-generation infrared seeker technology for the Terminal

Lockheed Martin demonstrates new layered missile defence Integration for US Army

April 4, 2022

Air - Lockheed Martin demonstrates new layered missile defence Integration

Lockheed Martin, the Missile Defense Agency (MDA)  and the US Army successfully further integrated the PAC-3 Missile Segment Enhancement (MSE) interceptor