Nadrah, MIL Ink Agreement during World Defense Exhibition
Nadrah company signed a SAR one-billion agreement with its Indian counterpart, Munitions Indian Limited (MIL) during World Defense Exhibition, reported Saudi Press Agency.
The partnership aims to enhance joint cooperation and exchange of expertise between the two parties in the Kingdom.
The agreement includes a contract to establish a factory with the latest nanotechnologies. Moreover, it includes supplying and localizing ammunition in the Kingdom, in order to increase the volume and quality of investments, thus contributing to the achievement of the Kingdom’s Vision 2030 objectives.
World Defense Exhibition
The exhibition took place from Feb. 4 till Feb. 8 under the patronage of King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman, the Crown Prince and Prime Minister.
Participants in World Defense Exhibition
The exhibition attracted more than 773 exhibitors representing over 75 countries.
Moreover, several government agencies, and major local and international companies in the defense and security sectors attended the event.
Other sectors related to the military and defense industries also took part.
Importance of Exhibition
The Governor of Al-Ahsa Saud bin Talal bin Badr emphasized the importance of the exhibition organized by the General Authority for Military Industries (GAMI) as a comprehensive exhibition focusing on:
- the future of the defense industry
- showcasing the latest technological advancements across various defense sectors: land, sea, air, space, and security.
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