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.
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