The Saudi government has allocated around $69 billion for the Saudi Ministry of Defense, which is an increase of nearly $4 billion over last year’s budget.
The Saudi Ministry of Defense is reported to be expecting progress on several crucial procurement projects that will be partially funded through the 2023 defense budget.
These projects are said to include the next-generation fighter aircraft, along with several naval and ground systems projects and tenders.
What are these projects and tenders?
Which foreign defense companies are competing in these projects?
What are some Saudi preferences in this regard?
To answer these questions and more, Tactical Report has prepared a 390-word report to shed more light on the subject.