S.Arabia Plans to Purchase %50 of its Military Gear Locally

Discussion in 'Multi-Domain' started by Pathfinder, Apr 25, 2016.

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  1. Pathfinder

    Pathfinder Lieutenant Colonel

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    DUBAI — The world's third largest military spender, Saudi Arabia, is to direct 50 percent of its military purchases toward local industries.

    According to Saudi Deputy Crown Prince and Minister of Defense Mohammed bin Salman Abdulaziz Al Saud, the kingdom will launch a government-owned military holding company by the first quarter of 2017 to oversee the development of the local military industry.

    "Does it make sense that we are the world's forth largest military spenders in 2014 and third in 2015 and we do not even have a local military industry?" the 34-year-old prince said during his first televised interview on Al Arabiya television Monday, revealing the Saudi economic vision for 2030.

    "We spend more on military than the [British], more than France, and we do not even have a local military industry," he said.

    http://www.defensenews.com/story/breaking-news/2016/04/25/united-arab-emirates/83497394/

    Lets see how they plan to do this. Its difficult to start from scratch, most of the first systems will probably be licensed produced systems. Later on they can move to co-production but that would be in a couple of decades.

    The Saudis are sending a lot of youngsters over seas to acquire education, Japan did this during the Meiji Restoration and it proved to be a successful model. Of course these results were seen after a period of time and were not instant.

    @Scorpion @T-123456 @Atilla @Osmanovic I think you all would have more information on this, what is possible in the short term and what isn't.
     
  2. Scorpion

    Scorpion 2nd Lieutenant

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    A new government company will be established to hold the current domestic defense industries and work to expand from there. All new defence contracts will be conditioned on a strong domestic industrial component. That what its basically mean.
     
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