The Saudi Arabia Ministry of Defense signed contracts with the Russian government to procure the S-400 air defense system, the Kornet-EM system, the TOS-1A, the AGS-30 and the Kalashnikov AK-103.
As part of the agreement signed in Moscow today, Russia will transfer technology and localize the manufacturing and sustainment of these armament systems in the Kingdom, a press statement from the Saudi Arabian Military Industries (SAMI) said.
Consequent to the agreement, SAMI signed a Memorandum of Understanding (MoU) and a General Terms and Conditions Contract with ROSOBORONEXPORT, Russia’s state company for exporting military products.
The MOU focuses on localizing the manufacturing and sustainment of advance armament systems in Saudi Arabia. The MOU includes the transfer of technology for the local production of the Kornet-EM anti-tank guided missile (ATGM) system, the TOS-1A advanced multiple rocket launcher and AGS-30 automatic grenade launchers with grenades.
In addition, the parties will cooperate in setting a plan to localize the manufacturing and sustainment of parts of the S-400 air defense system.
The General Terms Contract covers the local production of the Kalashnikov AK-103 and its ammunition which will contribute to raising the local content and enhancing self-sufficiency in line with the Saudi government's Vision 2030.
The agreements also include educational and training programs for Saudi nationals to ensure the sustainability and development of the military industries sector in Saudi Arabia. These agreements are expected to have tangible economic contributions and create hundreds of direct jobs.
It will also transfer cutting edge technologies that will act as a catalyst for localizing 50% of the Kingdom’s military spending as targeted by Vision 2030.
Russia has prepared a package of around US$3.5 billion arms sales to Saudi Arabia, which includes several divisions of S-400 anti-aircraft missile systems
A Royal Saudi Air Force Typhoon aircraft has reportedly crashed during its combat mission against Houthi fighters over Yemen on Wednesday. The Saudi-led coalition at war in Yemen says the Typhoon warplane crashed into a mountain in Al Wadea district on September 13 killing its pilot identified as Mahna al-Biz, Saba news agency reported
Al Raha Group for Technical Services has won a $355 million contract from US department of defense to provide integrated support services to Saudi Arabias fleet of Strike Eagle fighter aircraft. Contractor will provide material management of unclassified spares, support equipment, and support services required to support base stand-ups and continued F-15 and F-15SA Royal Saudi Air Force flying operations, the US department of defense announced Monday
Antonov plans to supply its first An-132 aircraft to a customer under a contract with Saudi Arabia's scientific organization KACST in early 2017. This aircraft was designed and built with the use of Europe- and U
Saudi Arabia has opened a new industrial complex for the production of projectives. The complex includes nine industrial buildings, each allocated for purposes that includes processing, packaging, assembly and filling, destructive testing and non-destructive testing, heat treatments and surface treatments, Saudi press agency reported March 27 this year
The Saudi Ambassador to Moscow Rayed Krimly said that the negotiations on the purchase of Russian-built S-400 missile air defense system is ‘advancing well and both the parties are working out on technical details of the contract. "We signed the contract during the Kings visit, what is now happening is the implementation requires technical details of technology transfers, other technical details between experts of both sides … Experts need to finish their discussions, we cannot put a date for the end of discussions, but it is proceeding in a very positive manner," Krimly told Sputnik in an interview on Thursday, added...
Saudi Arabia has signed a Letter of Intent (LoI) with Spanish firm Navantia S.A
Boeing signed a Memorandum of Agreement (MoA) with the Saudi Arabian Military Industries (SAMI) yesterday to develop a joint venture (JV) aiming to localize more than 55% of the maintenance, repair & overhaul (MRO) services for fixed and rotary-wing military aircraft in Saudi Arabia. The agreement will also transfer technology to install weaponry on these aircraft as well as localize the supply chain for spare parts in the Kingdom
Negotiations on sale of Russian S-400 missile systems to Saudi Arabia have entered the technical and logistics details stage. "Regarding the S-400, detail discussions are continuing between the two sides on the final arrangements of this
Saudi Arabia has reportedly shown interest in purchasing Israel's Iron Dome anti-missile system, as reported by Swiss newspaper Basler Zeitung that the two regimes are working towards normalizing their relations and uniting against Iran. The newspaper wrote that a "European weapons dealer in the Saudi capital of Riyadh" said the Saudis are examining the purchase of Israeli military goods, including the Israeli Trophy Active Protection System (APS), which was developed by Rafael Advanced Defense Systems and Israel Aerospace Industries Elta Group
A group of senior Saudi officials including Prince Mansour Bin Muqrin were killed in an helicopter crash at the south western Asir region bordering Yemen. Prince Mansour Bin Muqrin, Deputy Emir of the Asir region was accompanied with Deputy Emir Salim al-Jerwishi, Emirate General Secretary Saleh bin Abdullah al-Qadi, head of Asir's Regional Agriculture Department Fahd al-Fartish and Asir Regional Police Director Major Salih bin Suleiman al-Qarzai, according to Saudi state-run TV channel Monday
Lockheed Martin To Supply US Army With Multiple Launch Rocket Systems
India To Conduct Tests Of Subsonic Engine Meant For Military Drones
S Korean LIG Nex1 Co, Indian Adani Sign MoU on Anti-aircraft System
Russia Signs Contract with Indonesia to Supply BMP-3F Infantry Fighting Vehicles
Spectacular debut by Indian LCA Tejas fighter jet at Malaysian airshow
Russian Yak-130, Indian Tejas, 3 Others Receive Malaysian Light Fighter RFI
Russia Reveals Export Version of Su-57 Stealth Fighter jet, to Target Middle...
IAF Close To Buying 21 MiG-29 Fighter Jets For $900M
Russian state-run Almaz-Antey has released additional data on its latest export-version of Buk-M3 Viking air defense missile system (ADMS)
The MiG-29, one of Russias most exported military jet has been upgraded in India that expands its capabilities from an...
Russian fifth generation fighter aircraft (FGFA) Su-57 will for the first time perform flights during the ARMY 2018 event near...
The American-made Patriot and Russian S-400 Triumf air defense systems are currently hogging international orders despite their price tags running...
The Russian ministry of defense on Thursday published a series of videos showcasing the production, deployment and installation and testing...
The market for fighter jets in countries which are expected to have open competitions is estimated at US$50 billion to...