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Saudi SAMI-Hanwha JV update and air defense systems localizationnote

Saudi Arabian Military Industries (SAMI) signed a memorandum of agreement (MoA) in 2019 with Hanwha Group to form a joint venture (JV).

The JV will focus on localizing defense products in the Kingdom like the BIHO II air defense system.

The note provides a comprehensive overview of the following aspects:

- The status of the JV

- The progress made concerning BIHO II localization

- The Saudi stance on BIHO II performance

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