Leonardo has signed a new Memorandum of Understanding with the Kingdom of Saudi Arabia to deepen industrial collaboration ...

Saudi Arabia’s General Authority for Military Industries (GAMI) reported that the kingdom’s military spending has grown at an annual rate of 4.5 percent since 1960, reaching $75.8 billion in 2024.

The Ministry of Investment of Saudi Arabia (MISA), the General Authority for Military Industries (GAMI), and Italian aerospace company Leonardo have signed a Memorandum of Understanding (MoU).

T he activities of the Saudi pavilion, organized by the General Authority for Military Industries (GAMI), kicked off on Monday at the International Defense Exhibition and Conference "IDEX 2025" in ...