Deputy crown prince meets with Raytheon chief

[Saif al-Arab]

Deputy crown prince meets with Raytheon chief
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ARAB NEWS | Published — Wednesday 2 November 2016​

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JEDDAH: Deputy Crown Prince Mohammed bin Salman met the head of a major US defense contracting corporation in Riyadh on Wednesday.
Prince Mohammed held a meeting with the Raytheon Chairman and CEO Thomas Kennedy and company officials.
The deputy crown prince, who is Saudi Arabia’s defense minister, discussed the development of cooperations between the Kingdom and the military contracting giant.
Prince Mohammed and the Raytheon chief talked about the localization of military industries, which is a key goal for Saudi Arabia by 2030, including industrial, technical and training services, as well as support services.
Saudi Arabia aims to localize 50 per cent of military equipment spending by 2030, and one of the ways the country intends to do this is through direct investments and strategic partnerships with leading companies in the defense sector.
The Kingdom is the world’s fourth biggest military equipment spender of which only 5 per cent is within the country.
With $23 billion of sales, the Waltham, Massachusetts-headquartered company is one of the largest military contractors in the world, and has over 60,000 staff.

http://www.arabnews.com/node/1006516/saudi-arabia​

 

[Zarvan]

Deputy crown prince meets with Raytheon chief
​

ARAB NEWS | Published — Wednesday 2 November 2016



JEDDAH: Deputy Crown Prince Mohammed bin Salman met the head of a major US defense contracting corporation in Riyadh on Wednesday.
Prince Mohammed held a meeting with the Raytheon Chairman and CEO Thomas Kennedy and company officials.
The deputy crown prince, who is Saudi Arabia’s defense minister, discussed the development of cooperations between the Kingdom and the military contracting giant.
Prince Mohammed and the Raytheon chief talked about the localization of military industries, which is a key goal for Saudi Arabia by 2030, including industrial, technical and training services, as well as support services.
Saudi Arabia aims to localize 50 per cent of military equipment spending by 2030, and one of the ways the country intends to do this is through direct investments and strategic partnerships with leading companies in the defense sector.
The Kingdom is the world’s third biggest military equipment spender of which only 2 per cent is within the country.
With $23 billion of sales, the Waltham, Massachusetts-headquartered company is one of the largest military contractors in the world, and has over 60,000 staff.

http://www.arabnews.com/node/1006516/saudi-arabia​

What Saudi Arabia needs to do is get weapons from countries who have no issue giving weapons to KSA with TOT. Countries like Turkey and South Africa and China and even Russia. Also from Europe. KSA from now on should get weapons with TOT.

 

[Hamartia Antidote]

Deputy crown prince meets with Raytheon chief
​

ARAB NEWS | Published — Wednesday 2 November 2016​

​

JEDDAH: Deputy Crown Prince Mohammed bin Salman met the head of a major US defense contracting corporation in Riyadh on Wednesday.
Prince Mohammed held a meeting with the Raytheon Chairman and CEO Thomas Kennedy and company officials.
The deputy crown prince, who is Saudi Arabia’s defense minister, discussed the development of cooperations between the Kingdom and the military contracting giant.
Prince Mohammed and the Raytheon chief talked about the localization of military industries, which is a key goal for Saudi Arabia by 2030, including industrial, technical and training services, as well as support services.
Saudi Arabia aims to localize 50 per cent of military equipment spending by 2030, and one of the ways the country intends to do this is through direct investments and strategic partnerships with leading companies in the defense sector.
The Kingdom is the world’s fourth biggest military equipment spender of which only 5 per cent is within the country.
With $23 billion of sales, the Waltham, Massachusetts-headquartered company is one of the largest military contractors in the world, and has over 60,000 staff.

http://www.arabnews.com/node/1006516/saudi-arabia​

oh wow...it could be PAVE PAWS.

 

[Saif al-Arab]

oh wow...it could be PAVE PAWS.

Could be. Whatever was discussed/agreed to will likely see the light of the day soon.

Deputy Crown Prince holds meeting with Raytheon to discuss localization of military industries
Thursday 1438/2/3 - 2016/11/03

Riyadh, Safar 03, 1438, November 03, 2016, SPA -- Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, the Second Deputy Prime Minister and Minister of Defense, held in Riyadh today a meeting with Chairman and Chief Executive Officer of Raytheon Dr. Thomas Kennedy and company officials.
The meeting discussed the development of cooperation between the two sides, including localization of military industries in accordance with the vision of the Kingdom of Saudi Arabia 2030 and including industrial, technical and training services and support services activities.
--SPA
00:23 LOCAL TIME 21:23 GMT

spa.gov.sa/1555146