Navantia Inks Saudi Deal

Saudi Arabia’s defense ministry and Saudi General Authority for Military Industries signed an agreement with Spain’s Navantia company to acquire and build a number of multi-mission combat ships for the Royal Saudi Naval Forces, the Saudi Press Agency reported on Thursday.

The Kingdom’s Defense Minister Prince Khaled bin Salman and Spain’s Minister of Industry, Commerce, and Tourism María Reyes Maroto attended the agreement’s signing ceremony.

Prince Khaled said on Twitter that this agreement falls within Crown Prince Mohammed bin Salman’s vision to strengthen the capabilities of the Saudi defense ministry.

“This MOU represents the latest effort to fulfill the vision of HRH the Crown Prince and Prime Minister to localize our military industry and empower and strengthen the capabilities of the ministry of defense, which will help provide security for our country and region,” he said.

The agreement aims to raise the level of readiness of the Royal Saudi Naval Forces to enhance maritime security in the region, protect the Kingdom’s vital and strategic interests, and support defense ministry’s operational and tactical goals.

According to the agreement, Navantia will localize up to 100% of naval shipbuilding, integration of combat systems, and ship maintenance, in line with Saudi Vision 2030 objectives.

It also focuses on integrating combat systems into new ships, engineering and designing systems and hardware, and developing software.

Testing, systems verification, prototyping, simulation, as well as logistical support and training program design will also be within the scope of the agreement.