Latest news with #GeneralAuthorityforMilitaryIndustries
Mid East Info
11-05-2025
- Business
- Mid East Info
Lockheed Martin, AIC Steel Celebrate THAAD Launcher Production Milestone - Middle East Business News and Information
Milestone advances KSA's THAAD procurement established during President Trump's trip to the Kingdom during his first term JEDDAH, Kingdom of Saudi Arabia, May, 2025 – Lockheed Martin (NYSE: LMT) Missiles and Fire Control President Tim Cahill, along with the General Authority for Military Industries (GAMI) Assistant Deputy Nawaf Albawardi, and Wasim Attieh President of Arabian International Company for Steel Structures (AIC) recently met at AIC's Jeddah facility to review the shared progress towards AIC's efforts to produce locally-sourced components for the Terminal High Altitude Area Defense (THAAD) Weapon System. During the visit, the team celebrated the first completion of locally-produced components for the THAAD launcher, highlighting the ongoing collaboration and achievements in local manufacturing. This achievement showcases AIC's expertise in precision welding and the effective application of advanced manufacturing techniques. It is particularly significant as it demonstrates how the two companies successfully worked to bolster manufacturing expertise, strengthening the country's defense industrial base while establishing a second source and building resilience for the U.S. supply chain. 'This is a tremendous milestone for the United States of America and the Kingdom of Saudi Arabia as our nations work to fulfill the Kingdom's THAAD procurement,' said Tim Cahill, president, Lockheed Martin Missiles and Fire Control. 'Through this program, we're not only supporting Saudi Vision 2030 and enhancing regional defense capacity, but we're also generating high-quality manufacturing jobs in the United States and strengthening the American defense industrial base, a testament to the value of our partnership with AIC Steel and the Kingdom of Saudi Arabia.' 'Lockheed Martin has been an excellent partner in providing the tools and training necessary to prepare and ultimately advance the localized production of such a major component of the THAAD Weapon System,' said AIC Steel President Wasim Attieh. 'I look forward to working together to ensure a more secure future for the Kingdom of Saudi Arabia. I would like also to thank the General Authority for Military Industries (GAMI) for their support for us during all stages of this project.' THAAD is a combat-proven, highly advanced hit-to-kill missile defense system designed to intercept and destroy incoming ballistic missiles inside and outside of the earth's atmosphere. THAAD provides a critical layer of protection against short-, medium-, and intermediate-range ballistic missiles. THAAD's flight test success rate and combat proven status, together with its ready-now capability, continue to drive interest from across the globe and the air defense community. Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery.
Saudi Gazette
01-05-2025
- Business
- Saudi Gazette
GAMI is organizing Saudi pavilion at Athens International Defense and Security Exhibition
Saudi Gazette report RIYADH — The General Authority for Military Industries (GAMI) is organizing the Saudi pavilion at the Athens International Defense and Security Exhibition (DEFEA), which will take place at the Metropolitan Expo exhibition center at Athens International Airport from May 6 to 8. Participating countries and international companies will showcase their latest systems in land, naval, and aerial defense, as well as in cybersecurity at the exhibition. DEFEA, sponsored by the Greek Ministry of Defense, hosts over 346 exhibitors from 28 countries, drawing more than 23,000 visitors. The Saudi pavilion features participation from the General Authority for Defense Development (GADD) and the Saudi Arabian Military Industries Company (SAMI). It will showcase the Kingdom's significant achievements, programs, and initiatives in the defense industry, along with the latest advanced defense technologies and systems that reflect the high level of development in the national military industries. Additionally, the pavilion highlights the policies and regulations adopted by GAMI to support both local and international investors, while promoting the promising investment environment in the Kingdom's defense sector. The Saudi pavilion showcases the key achievements, programs, and initiatives led by the Kingdom in the defense industry sector, along with the latest advanced technologies and defense systems that reflect the advanced level attained by national military industries. It also highlights the framework of policies and regulations set by GAMI to support both local and international investors, while promoting the promising investment environment in the Kingdom's defense sector. GAMI's organization of the Saudi pavilion demonstrates GAMI's strong commitment to enabling national companies and enhancing partnerships with major international firms in the military industries sector. This initiative contributes to developing the Kingdom's defense and industrial capabilities, enhances the Kingdom's position as a leading strategic destination in this vital sector, and achieves the goals of Saudi Vision 2030, which contributes to localizing more than 50% of military spending. The participation of the Saudi pavilion comes at a time when Saudi-Greek relations are experiencing significant development across various sectors in a short period, reflecting the strength of the strategic partnership between the two nations, particularly in defense, which shares common visions for maintaining regional security and stability, as well as advancing technological and industrial collaborations. It also presents an opportunity to enhance cooperation with Greek and European entities, thereby opening new avenues for experience exchange and establishing strategic partnerships that serve mutual interests.
Zawya
28-04-2025
- Business
- Zawya
Localisation in Saudi military industries rises to 19.35%
RIYADH —The localization rate of military industries in Saudi Arabia rose to 19.35% in 2024, exceeding the 2023 target of approximately 12.5%, according to the localization rate index, one of the key indicators of Saudi's Vision 2030. The military industries aim to achieve a 50% localization rate by 2030, a step that reflects rapid progress. The index recorded a remarkable increase between 2021 and 2023, increasing by more than 12 percentage points in two years, exceeding the annual targets set for 2022 and 2023. The Governor of the General Authority for Military Industries(GAMI), Eng. Ahmed Al-Ohali, said: "This progress is the result of the efforts made by the Authority and its partners in the military, security, and private sectors, since its establishment in 2017, to enact regulations and legislation related to the sector, enabling investors to engage in military industries activities, in addition to the supply chain project aimed at localizing more military spending and supporting the national economy." Saudi Arabia's military spending has grown annually since 1960, reaching approximately 4.5%, reaching $75.8 billion by 2024, according to a previous statement by GAMI. This makes Saudi Arabia the 5th -largest country in the world and the first in the Arab world in terms of military spending. Al-Ohali's remarks came during his speech at the 25th Global Defense and Aerospace Strategies Conference held in Antalya, Turkey. The conference was organized by the Defense, Aerospace and Defense Industries Exporters Association (DASI) and the Presidency of Defense Industries of Turkey (SSB). The event was attended by Professor Haluk Görgün, Chairman of the Turkish Defense Industries Authority (SSB), and was attended by CEOs and business development managers representing major industrial and defense companies from around the world. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Arab News
22-02-2025
- Business
- Arab News
World Defense Show announces larger, tech-focused 2026 edition
The World Defense Show, founded by the General Authority for Military Industries in Saudi Arabia, revealed several new features to be implemented at its upcoming third edition in 2026, under the theme, 'The Future of Defense Integration.' The details of the show, including the expansion of the venue space, were announced at IDEX 2025 on Feb. 18 in Abu Dhabi. To be held from Feb. 8-12, 2026 in Riyadh, WDS will showcase the latest advancements in defense technologies across all five defense domains — air, land, sea, space, and security. Building on the success of its two prior editions, WDS 2026 will bring together global defense stakeholders to further foster collaboration, innovation, and international partnerships to strengthen global defense capabilities. WDS contributes to Saudi Arabia's growth in the defense sector and is aligned with the goals of Saudi Vision 2030 to localize 50 percent of defense spending in the Kingdom. WDS 2026 will span 273,000 square meters of exhibition space, including a new fourth hall. Since its inception in 2022, the area of exhibition stands has seen a considerable 58 percent growth. WDS 2026, in its third edition, is set to be even bigger and has received global participation with 65 percent of exhibition stands already sold. Attendees can experience several world-class features, take part in strategic networking opportunities, engage in discussions on crucial topics transforming the defense landscape, and view dynamic live and static displays at the expanded 2026 venue. Andrew Pearcey, CEO of WDS, said: 'We are excited to announce that WDS 2026 is surpassing the success of the previous edition. The 2026 show will be larger in size and expanded in scope, with increased international and local participation, expanded exhibition space, and a stronger focus on technological advancements, zooming in on unmanned systems and naval. WDS has introduced a range of important new features to promote further integration across the full spectrum of defense operations and deliver attendees another unmatched experience.'
Trade Arabia
19-02-2025
- Business
- Trade Arabia
Saudi Arabia gears up for mega World Defence Show 2026
Saudi Arabia's General Authority for Military Industries (GAMI) will be showcasing the latest advancements in defence technologies across all its five domains - air, land, sea, space and security - at its biggest ever World Defence Show, to be held next year in Riyadh from February 8 to 12. Announcing the expo details, GAMI said building on the success of its two prior editions, WDS 2026 will bring together global defence stakeholders to foster further collaboration, innovation, and international partnerships to strengthen global defense capabilities. Furthermore, the WDS 2026 will span 273,000 cu m of exhibition space, including a new fourth hall. Since its inception in 2022, the area of exhibition stands has grown by a considerable 58%. WDS 2026 is set to be even bigger and has received global participation, with 65% of exhibition stands already sold, said GAMI in a statement. At the expanded 2026 venue, attendees can experience several world-class features, participate in strategic networking opportunities, engage in discussions on crucial topics transforming the defense landscape, and view live and static displays, it added. According to GAMI, several new features will be introduced at its upcoming third edition being held under the theme "The Future of Defense Integration." Additionally, WDS contributes to Saudi Arabia's growth in the defence sector and is aligned with the goals of Saudi Vision 2030, which is to localize 50% of defence spending in the Kingdom. World Defence Show CEO Andrew Pearcey pointed out that the upcoming edition will surpass the records of the previous edition. "The 2026 show will be larger in size and expanded in scope, with increased international and local participation, expanded exhibition space, and a stronger focus on technological advancements, zooming in on unmanned systems and naval," stated Pearcey. "WDS has introduced a range of important new features to promote further integration across the full spectrum of defense operations and deliver attendees another unmatched experience," he added. Pearcey said a key highlight of the 2026 show will be the Future Defense Lab, a revolutionary platform showcasing a new era of innovators, from startups to global primes, presenting cutting-edge technologies. In addition, the Unmanned Systems Zone too will bring the latest advancements in autonomous technology to the forefront, offering attendees the opportunity to experience the next phase of unmanned developments across all defence domains, he noted. A key new feature that reflects the kingdom's growing defence sector capabilities is the Saudi Supply Chain Zone, which enables small- and medium-sized Saudi enterprises the opportunity to connect with key players in the global defense supply chain, thereby strengthening local and international partnerships, said GAMI, the founder of World Defence Show. Additionally, there will be a Naval Zone that will offer a comprehensive look at the future of maritime defence, underscoring the integral role of naval capabilities in maintaining global stability and securing economic interests, it added. Pearcey said WDS had received resounding positive feedback from the previous two editions, exceeding its expectations across the board.
