Saudi Arabian Military Industries (SAMI) and Spanish shipbuilder Navantia signed a SAR 3.5 billion deal to adapt Navantia’s combat management systems for Saudi navy corvette ships.
An announcement, reported by the Saudi state news agency SPA, said the contract was signed earlier in the week at the Defence and Security Equipment International (DSEI) 2019 exhibition at London’s ExCeL .
The collaboration on Combat System Integration (CSI) on the Saudi navy’s Avante 2200 corvettes is thought to be part of the kingdom’s modernization program, Vision 2030, which will have the “potential to boost the localization of the Kingdom’s technology capabilities by up to 60% and benefit other Saudi organizations”, SPA reported.
Last month, OilPrice stated that Saudi Arabia plans to boost the capacity of its East-West pipeline in order for its oil exports to bypass the critical Strait of Hormuz which has seen a number of attacks on oil tankers which are passing through it.
SOURCE : ALBILAD