Riyadh: The Ministry of Defense on Monday signed 28 contracts with local and international companies specializing in military industries during the World Defense Show (WDS) 2026 in Riyadh.
According to Saudi Press Agency, Defense Assistant Minister for Executive Affairs Khaled Biyari signed four contracts with the chief executives of France's MBDA, Raytheon Saudi Arabia, Korea's Hanwha Aerospace, and Italy's Leonardo.
Ministry of Defense Undersecretary for Procurement and Armament Ibrahim Al-Suwayed signed eight contracts with executives of local, French, Turkish, Korean, and Italian companies.
The remaining sixteen contracts were signed by executive directors from the Ministry of Defense's procurement and armament sector with representatives from local and international firms.
The contracts aim to enhance the operational readiness of the Armed Forces' branches, strengthen their capabilities, improve their combat efficiency, and sustain pertinent systems. They also support local manufacturing initiatives in line with Saudi Vision 2030, which seeks to localize over 50% of military equipment and service spending.