Security, Aerospace & Defence

Saudi Arabia 2020 - Security, Aerospace & Defence

Saudi Arabia is in the midst of restructuring the defence sector and expanding its military industry to ensure more value can be brought to the national economy. The realisation of Vision 2030 requires the development of new high-value-added industries, and the security, aerospace and defence sector stands to become a key element of this strategy. Central to the achievement of these diversification and localisation goals is the development of an advanced domestic industrial and research capacity that generates sustainable employment. Ongoing efforts to foster international partnerships and attract investment will prove vital in this endeavour. Moving forwards, key priorities will continue to be the advanced protection of both the country’s airspace and cyberspace from threats, while ensuring that defence spending delivers the highest returns.

Share
Cover of The Report: Saudi Arabia 2020

The Report

This chapter is from the Saudi Arabia 2020 report. Explore other chapters from this report.

Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart