KDReview Defense Intel

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Saudi Arabia Cheongung-II Air Defense System

signed

Saudi Arabia signed a $3.2 billion contract for the Cheongung-II medium-range surface-to-air missile defense system in November 2023, disclosed in February 2024. It was LIG Nex1's second overseas sale of the system after the UAE and a major breakthrough in the Middle Eastern market.

Contract Details

Buyer Country: Saudi Arabia
Buyer Entity: Royal Saudi Armed Forces
Seller Company: LIG Nex1
Product: Cheongung-II (M-SAM)
Contract Value: $3.2B
Category: missile

Timeline

Announced

Feb 6, 2024

Signed

Nov 1, 2023

Delivery Start

Jan 1, 2027

Delivery End

Dec 31, 2030

Source

Related Pages

LIG Nex1 Profile Cheongung-II (M-SAM) Specs All Contracts Export Map

Features

Technology Transfer

Local Production

Quick Info

Status: signed
Buyer: Saudi Arabia
Value: $3.2B