Saudi Arabia Naval Vessel Order

announced

Saudi Arabia and Hanwha Ocean (then DSME) announced discussions for the procurement of naval vessels for the Royal Saudi Naval Forces as part of the Kingdom's Vision 2030 defense modernization.

Contract Details

Buyer Country: Saudi Arabia
Buyer Entity: Royal Saudi Naval Forces
Seller Company: Hanwha Ocean
Product: Naval vessels
Contract Value: $1.0B
Category: naval

Timeline

Announced

Nov 1, 2022

Signed

TBD

Delivery Start

TBD

Delivery End

TBD

Source

Defense News

Features

Technology Transfer

Local Production

Quick Info

Status: announced
Buyer: Saudi Arabia
Value: $1.0B