Islamophobia threatens global peace and coexistence, not just Muslims, says MWL chief at UN    Power bank likely caused South Korea plane fire, investigators say    Gold prices hit $3,000 for the first time as investors push the panic button    Hungary drops veto and agrees to prolong EU sanctions on Russian individuals    China hits out at 'threats of force' on Iran as Trump pushes for new nuclear deal    Makkah Lanterns Festival returns for the eighth year as part of Ramadan activities    Crown Prince receives Yazeed Al-Rajhi after historic Dakar Rally 2025 victory    SR17 million fines slapped on 16 individuals and companies convicted of violating Capital Market Law    Saudi Arabia welcomes border agreement between Tajikistan and Kyrgyzstan    Saudi ambassadors take oath before Crown Prince    16 endangered species released into AlUla's Protected Areas    Saudi Crown Prince reaffirms support for a political solution to Ukraine crisis in call with Putin Putin praises Saudi Arabia's constructive role and mediation efforts    NCM forecast: Thunderstorms to hit most Saudi regions until Monday    Saleh Al-Shehri's late penalty rescues Al Ittihad against Al Riyadh    Grand Mufti rules against posting prayers and preaching in mosques on social media    Man lives for 100 days with titanium heart in successful new trial    Argentinian court begins trial of seven healthcare professionals over Maradona's death    Al Hilal crushes Pakhtakor to storm into AFC Champions League quarter-finals    Singer Wheesung who wooed Korea with his ballads, found dead at 43    Prince Frederik of Luxembourg dies from rare disease    Real-life shipwreck story wins major book award    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GAMI, Lockheed Martin Join Forces to Localize Work on Terminal High Altitude Area Defense (THAAD) Missile Defense System in Saudi Arabia
Published in Saudi Press Agency on 07 - 03 - 2022

The General Authority for Military Industries (GAMI) has announced today in the World Defense Show, its approval of two localization projects: the first, for localizing the manufacture of missile interceptor launchers, and the second for producing the missile interceptor canisters locally. In collaboration with Lockheed Martin, these projects fall under the program for localization of the THAAD Weapon System.
Such projects serve GAMI's strategy to bolster relations with its international partners from across the globe along the Kingdom's localization journey, with the ultimate target of localizing more than 50% of expenditure on defense equipment and services by the year 2030.
Commenting on this momentous announcement, Gasem Al-Maimani, GAMI Deputy Governor of Military Industry, stated that these two localization projects, are in further service of this promising sector's national priorities. Along this localization journey, and with the robust relations with our international defense partners, air domain defense readiness is expected to be greatly enhanced, said Al-Maimani. He further noted that this project supports investment in building indigenous national capabilities, via empowering new and up-and-coming manufacturing entities, as well as leveraging the integration of efforts with large national companies, to secure their position of prominence globally. Ultimately, all of this facilitation and enablement, pours into achieving the sector's strategic localization target of more than 50%, and amplifying the scope and impact of existing capabilities, by 2030.
"For over 50 years, Lockheed Martin has been a committed partner to Saudi Arabia, as the country continues its journey toward ensuring a safe, secure and sustainable future for its people," said Joseph Rank, chief executive for Lockheed Martin in Saudi Arabia and Africa. "Along with state-of-the-art defense products and innovative solutions, Lockheed Martin is engaged with its Saudi partners across several capacity building programs that are formulated to contribute to the realization of the country's development goals. This announcement will significantly boost global and regional security while supporting job creation and economic prosperity in Saudi Arabia."
GAMI looks to secure its core national priorities, namely Military Readiness, Strategic Autonomy, Transparency and Efficiency of Spend, Sustainability of Local Military Industries, and Interoperability within and across Entities.


Clic here to read the story from its source.