In Economy
Domestic foundations: Joseph Rank, CEO for Saudi Arabia and Africa, Lockheed Martin, on localising production and developing a domestic workforce
Interview: Joseph Rank, CEO for Saudi Arabia and Africa
How localised is defence manufacturing, and what is the role of the private sector in this process?
JOSEPH RANK: The private sector plays a vital role in Saudi Arabia’s defence manufacturing, as it is responsible for the actual production. The government can invest directly or through industrial participation programmes to incentivise this development. However, it is clear that both sides need to work together. Progress has been made in…