Reporter: Riyadh (Rana Azeem) – The General Authority for Military Industries (GAMI) is representing the Kingdom of Saudi Arabia at the prestigious Farnborough International Airshow 2024, held from July 22 to 26 in Hampshire, London, UK. This major international exhibition is a prime platform for the Kingdom to showcase its rapidly growing military and defense industries.
Promoting Localization and Strategic Independence
GAMI’s participation is centered on highlighting regulatory initiatives and advancing Saudi Arabia’s defense manufacturing capabilities. A primary objective is to localize more than 50% of government spending on military equipment and services by 2030—a core goal aligned with Saudi Vision 2030.
By localizing the military sector, the Kingdom aims to strengthen national security, reduce dependency on foreign suppliers, and enhance economic contribution through domestic production and service capabilities.
Investment Opportunities and International Partnerships
During the exhibition, GAMI is actively inviting global investors to explore promising opportunities within Saudi Arabia’s military industries. The organization is presenting established supply chains and support programs designed to empower both local and international SMEs, reflecting its inclusive approach to sectoral growth.
These initiatives not only support current military needs but also help build strategic alliances to enable future innovation and self-reliance in the defense sector.
Rapid Development of the Military Industries Sector
Over recent years, the Saudi military industries sector has seen remarkable progress, marked by increased localization, improved service capabilities, and new industrial outputs. GAMI’s vision is to create a robust ecosystem for defense technology and manufacturing that caters to the specific needs of Saudi military forces.
By participating in global events like Farnborough, GAMI continues to foster international dialogue, attract cutting-edge technology, and secure strategic partnerships aimed at long-term sustainability and growth.
Vision-Aligned with Saudi Leadership
These initiatives reflect the directives of Saudi leadership to localize strategic industries, boost national economic performance, and enhance defense sector autonomy. Through GAMI’s participation, Saudi Arabia reaffirms its commitment to global collaboration while steadily building domestic military self-sufficiency.
