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.
Russian publication Kommersant reported that military-technical cooperation is one of the most anticipated topic of the talks during Saudi King Salman’s visit who arrived in Moscow today at the head of a large delegation.
Quoting unnamed sources Kommersant said there are no plans to sign any contracts, but if the necessary agreements are reached at the meeting, pre-contract negotiations might begin.
Moscow has been trying to enter the Saudi arms market for 10 years. The parties discussed contract packages of up to $20 bln, but it never panned out, the publication said.
Saudi wants to be not just a buyer of military equipment but also a manufacturing and servicing partner. It has entered into a deal with Ukraine to manufacture its AN-130 in Saudi Arabia and expects similar deals with other countries.
With the performance of Russian weapons coming in for praise in Syria, Saudi Arabia could be looking beyond its long traditional procurement sources of the US and Western Europe.
Saudi Arabia plans to produce 16000 items for its armed forces locally by 2020. The long-term goal would be to focus on producing at least 50 percent of critical items used by the armed forces by 2030, Maj
Saudi Arabia was every defence contractor's dream market- with no offsets clause and no local industry to provide servicing and spares, contractors raked in billions in after-sales service and life-cycle support. However, all that is about to change with the announcement of a new company, the state-sponsored Saudi Arabian Military Industries (SAMI) which will establish joint ventures with foreign companies to make equipment, systems and spares
Saudi Arabia has launched new military industries company ‘Saudi Arabian Military Industries (SAMI), Saudi Arabian Public Investment Fund (PIF) announced Thursday. SAMI will manufacture products and provide services across four business units: Air Systems, which includes maintenance and repair of fixed-wing aircraft as well as manufacturing and repair of unmanned air vehicles; Land Systems, which includes manufacturing and repair of military vehicles; Weapons & Missiles - including ammunition; and Defense Electronics, which includes radars and sensors as well as communication systems and electronic warfare
Saudi Arabia could insist that spares for imported military hardware should be made within the country marking a major policy shift for one of the biggest arms importers in the world. No contract for the supply of weapons would be concluded if production of spare parts took place in any other country and not in Saudi Arabia, according to the country's Deputy Crown Prince and Defense Minister Mohammad bin Salman Al Saud
Saudi Arabia has signed a deal with China to import unmanned aerial vehicles (UAV) and to set up production lines. Partnership agreement to manufacture drones was signed during Saudi Arabia's King Salman bin Abdulaziz Al Saud visit to China from March 15 to 18 where the two countries signed total 35 deals worth as much as $65 billion, IHS Janes reported Monday
Antonov company rolled out the first prototype of its new AN−132 multipurpose transport, AN−132D aircraft -demonstrator, on December 20. The line of AN−132 transport aircraft will be built in close cooperation with Saudi Arabias King Abdulaziz City Science and Technology (KACST) and Тaqnia Aeronautics Co
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
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
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