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World Defense Show to return for a second edition in Saudi

Show to achieve localization of 50% of expenditure on equipment
World Defense Show to return for a second edition in Saudi
The General Authority for Military Industries (GAMI) has announced the return of the World Defense Show for a second edition

Under the patronage of Saudi King Salman bin Abdulaziz Al Saud, the General Authority for Military Industries (GAMI) has announced the return of the World Defense Show (WDS) for a second edition. Scheduled from February 4 — 8, 2024 in Riyadh, World Defense Show is the industry’s leading event globally and will spotlight the future of defense through a showcase of the most advanced defense technologies available.

World Defense Show embraces the vision of the Kingdom’s leadership, demonstrated through the return of this future-focused domain-driven international event that aspires to set the gold standard for exhibitions on the global defense show circuit.

Read more; Saudi World Defense Show records deals worth SAR 29.7 billion

On the announcement, GAMI Governor, Ahmad A. Al-Ohali, voiced his gratitude and appreciation to King Salman, and to Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Board of Directors of GAMI.

The ultimate goal is to achieve localization of more than 50% of expenditure on defense equipment and services, by the year 2030. A goal that is expected to be reached by focusing on developing indigenous capabilities in defense industries, technologies, and national competencies, as well as job creation for Saudi youth, and an increased contribution from the sector to the national economy.

Investment opportunities are open to all manufacturers, suppliers, and international service providers who share the passion and commitment to the transfer of technology, human talent development, and strategic partnership building, along the Kingdom’s aspirational localization journey, according to Al-Ohali.

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