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Friday, July 05, 2024

Saudi Arabia: Urgent shift in defense procurement priorities for 2024note

The Saudi Ministry of Defense (MoD) is prioritizing the acquisition of new defense equipment in Q3 2024.

This comes in response to the ongoing conflict in the Red Sea region and the threats posed by the Houthis.

The note provides a comprehensive overview of the following aspects:

- The systems the MoD prioritizes procuring

- A proposal submitted by the Pentagon

- The estimated cost for such acquisition and its funding sources

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