The General Authority for Military Industries (GAMI) signed 11 cooperation agreements and multiple joint memoranda of understanding (MoUs) with international defense companies.
This occurred during the World Defense Show, hosted in Riyadh on 4-8/2/2024.
The agreements are said to cover various industrial and development areas, impacting military and civil sectors.
The following note provides a comprehensive overview of the following aspects:
- The major companies involved in the agreements
- Details of the cooperation between GAMI and the Public Investment Fund (PIF) for the development of an aerospace park
- Saudi-German cooperation to produce critical defense components
