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The General Authority for Military Industries (GAMI) partnered with Lockheed Martin on two projects, as part of the localization of the Terminal High Altitude Area Defense (THAAD) weapon system program, the authority said in a statement.
The first project is for localizing the manufacture of missile interceptor launchers, while the second is for producing the missile interceptor canisters locally.
The announcement was made during the World Defense Show 2022 in Riyadh.
The projects are in line with GAMI’s strategy to bolster relations with its international partners to localize over 50% of expenditure on defense equipment and services by 2030.
Gasem Al-Maimani, GAMI Deputy Governor of Military Industry, said that the project is set to boost investment in building the local manufacturing capabilities by enabling new growing entities in the manufacturing field, as well as integration with major national companies in reinforcing their global status.
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