Launch of the Industrial Participation Program (IPP)

The Authority has launched the Industrial Participation Program with the aim of developing the economic balance program in the Kingdom, as it aims to benefit from existing capabilities and attract new investments to the sector, and to contribute significantly to encouraging investment in industrial participation activities that qualified to build industrial capabilities in the sector, as the program is considered a An agreement between the General Authority for Military Industries and the main contractor is signed before signing the contract. Which contributes to supporting local content and building new capabilities that contribute to the localization of more than 50% of the Kingdom’s spending on military purchases by 2030.