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Saudi Arabia, Lockheed to localize missile parts manufacturing

Saudi Arabia’s General Authority for Military Industries (GAMI) on Monday signed an agreement at the Riyadh World Defense Show to localize the manufacturing of missile interceptor launchers and missile interceptor canisters.

The deal comes as part of the Kingdom’s strategy of localizing more than 50 percent of defence manufacturing by 2030.

Terminal High Altitude Area Defense missile systems, or THAAD, is produced by Lockheed Martin to protect against short and medium-range missiles.

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Source
Al Arabiya
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