Saudi Ministry of Defense (MoD) is in talks with South Korean LIG Nex1 for the localization of the 2.75-inch Korean low-cost guided imaging rocket (K-LOGIR), known as the Poniard.
The talks are in the drafting phase of a memorandum of understanding (MoU).
The note provides an overview of the following aspects:
- The entities directly involved and details about the draft MoU
- The conditions Saudi Arabia considers essential for the negotiations to succeed
- Issues under negotiation
- Next step
Unlock the full note for a deeper look.
