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Friday, March 15, 2024

Saudi Sofon to revitalize local naval defense industry?note

Saudi Arabia's endeavor to bolster its naval capabilities has taken a significant leap forward with the establishment of Sofon.

Backed by Saudi investments and guided by experienced leadership, Sofon is expected to be working closely with the General Authority for Military Industries (GAMI) while assuming the role of champion for the Royal Saudi Naval Forces (RSNF) and the marine industry.

The following note sheds light on the below key aspects:

- Sofon’s key role and objectives

- Its formation and funding

- Its collaborative efforts with GAMI


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