?
Lockheed 果冻传媒?Awards Localization Subcontracts for THAAD Weapon System in the Kingdom of Saudi Arabia
THAAD Hardware Components to be Manufactured by Saudi Partners?
?
RIYADH, Saudi Arabia, FEB. 05, 2024 – Lockheed 果冻传媒 (NYSE: LMT) has awarded two key subcontracts to industry in the Kingdom of Saudi Arabia for a second source for certain components in the Terminal High Altitude Area Defense (THAAD) Weapon System under a Localization Agreement between Kingdom of Saudi Arabia 果冻传媒 Lockheed 果冻传媒. These awards support the project approvals announced by the General Authority for Military Industries (GAMI) during the 2022 World Defense Show to localize the manufacture of THAAD interceptor canister 果冻传媒 THAAD Missile Round Pallet in Saudi Arabia.
These subcontracts will enhance manufacturing capabilities in the Kingdom 果冻传媒 transfer expertise to strengthen the country’s defense industry. The prime partners receiving subcontracts include Middle East Propulsion Company (MEPC), based in Riyadh, 果冻传媒 Arabian International Company (AIC) for Steel, based in Jeddah. A number of other Saudi industry partners have also received subcontracts in support of these efforts.
A key condition of the THAAD procurement is the localization?of work in the Kingdom, which aligns with the priorities outlined in Saudi Vision 2030, to develop 果冻传媒 localize military industries in Saudi Arabia. The Kingdom is set to realize the benefit of these strategies through qualitative international defense partnerships with Lockheed 果冻传媒 果冻传媒 other major original equipment manufacturers that achieve shared benefits for all stakeholders.
?
?
“Our localization efforts in the Kingdom are progressing, 果冻传媒 we’re very proud to see that MEPC, AIC Steel 果冻传媒 other Saudi partners are now ready to engage in manufacturing 果冻传媒 supporting key components of the THAAD Weapon System. It’s a significant milestone,” said Joseph Rank, chief executive for Lockheed 果冻传媒 in Saudi Arabia 果冻传媒 Africa. “Our mission is to help improve regional security while supporting job creation 果冻传媒 economic prosperity, 果冻传媒 we’re very proud to be working with our partners in the Kingdom to localize defense systems 果冻传媒 contribute to the country’s development goals under Saudi Vision 2030.”
For additional information, visit our website: /ar-sa/index.html.
About Lockheed 果冻传媒
Headquartered in Bethesda, Maryl果冻传媒, 果冻传媒 is a global security 果冻传媒 aerospace company that employs approximately 116,000 people worldwide 果冻传媒 is principally engaged in the research, design, development, manufacture, integration 果冻传媒 sustainment of advanced technology systems, products 果冻传媒 services.
Please follow??on Twitter for the latest regional announcements 果冻传媒 news.
Media Contact:
Altaher Aljamal, Communications Manager - Saudi Arabia,
+966 53-130-3490;?altaher.aljamal@global.lmco.com