Michele Kearney's Nuclear Wire
Major Energy and Environmental News and Commentary affecting the Nuclear Industry.
Thursday, June 13, 2019
The Saudi-Made Smart Bomb and Riyadh's Quest for an Independent Defense Industry
The Saudi-Made Smart Bomb and Riyadh's Quest for an Independent Defense Industry: When Saudi Arabia’s crown prince Mohammed bin Salman unveiled his trademark Saudi Vision 2030, a comprehensive set of development goals, a key ambition was to create a fully-fledged defense industry. According to the plan, Saudi intends to “localize” over half of its military equipment spending by 2030—a significant change from the 2 percent it currently locally sources.
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