On the way to localizing its military spending, Saudi Arabia intends to manufacture drones locally

The Saudi Military Industries Company (Sami) intends to produce a Saudi-made drone, establish one of the largest munitions factories in the world, and localize various defense sectors.

The Saudi Military Industries Company, "Sami," said that it intends to produce a Saudi-made drone, establish one of the largest munitions factories in the world, and localize various defense sectors.

Today, Sunday, the Saudi Al-Ekhbariya channel quoted the CEO of the company, Walid Abu Khaled, as saying that Saudi Arabia seeks to localize more than 50% of its military spending and transfer it to Saudi companies by 2030.

It is noteworthy that Sami is owned by the Saudi Public Investment Fund (PIF).

Yesterday, Saturday, the Advanced Communications and Electronics Systems Company (ACES) signed a strategic agreement with a global company to transfer knowledge to manufacture drone payload systems locally in Saudi Arabia.

This came after the Advanced Communications and Electronics Systems Company announced the establishment of a new company for unmanned aircraft in the Kingdom, under the name of Aerial Solutions.

Saudi Arabia aims to localize the field of military industries, make it an important tributary to the Saudi economy, transfer technology, support local investors, provide job opportunities in this promising sector, and maximize the sector’s contribution to the national economy.