Saudi Arabia seeks to strengthen its self-defense with local military industries – Financial Times

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Mohammed bin Salman

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The Defense Electronics Factory is one of the Sovereign Wealth Fund’s latest investments in the field of military manufacturing

The British Wednesday newspapers were interested in a number of Middle East issues, on top of which are Saudi plans to increase the manufacture of weapons locally, the Interpol meeting in Istanbul and the accusations leveled against that international organization that it is being used by some authoritarian regimes to pursue opponents abroad, as well as Britain’s transfer of a military training base from Canada to the Middle East.

Beginning with the Financial Times, we read a report on Saudi Arabia’s efforts to strengthen its defense and military capabilities locally, and increase investment in the local manufacture of weapons.

In their report from the Saudi capital, Riyadh, Samer Al-Atrush and Andrew England said that Saudi officials are keen to promote the defense electronics factory, as one of the sovereign wealth fund’s latest investments in the field of military manufacturing, which comes on top of Crown Prince Mohammed bin Salman’s plans to modernize the kingdom’s economy. .

The Advanced Electronics Company, whose factory in Riyadh produces parts for bombs and drones, is the “crown jewel” of Saudi Arabia’s fledgling military industry, Saudi officials say.





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