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Wednesday, January 10, 2024

Saudi defense budget and priorities for 2024note

The Saudi Ministry of Defense (MoD) has planned its 2024 defense budget and priorities.

The MoD’s primary focus will be on projects tailored to meet the specific requirements of the Royal Saudi Land Forces (RSLF), involving advanced equipment.

However, the Royal Saudi Air Force (RSAF) and the Royal Saudi Naval Forces (RSNF) will also benefit from procurements.

The following note provides a comprehensive overview of the following aspects:

- The various defense systems eyed for procurement in 2024

- The advanced technologies eyed for localization in 2024

- MBS’ emphasis on international partnerships and defense capabilities improvement for 2024

- Expected defense agreements in 2024 for the Saudi military service branches and the systems included

The note also highlights the Saudi MoD’s plans to introduce new policies to increase transparency in arms deals.


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