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Thursday, August 29, 2024

Saudi Arabia: Who inherited Scopa Industries’ role?note

Riyadh is expanding its arms manufacturing capabilities and technological resources, with a specific focus on enhancing the portfolio of defense companies, in line with Vision 2030.

In this regard, Saudi Crown Prince Mohammad Bin Salman (MBS) is said to be no longer interested in Scopa Industries, as the General Authority for Military Industries (GAMI) has excluded the company from future major procurement deals.

The note provides a comprehensive overview of the following aspects:

- The company replacing Scopa

- The main projects this company will oversee

The key figure spearheading the company’s initiatives and activities

- Foreign companies expected to be involved in the company’s projects 


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