Korean Defense Firms Sign Supply Chain MOU with Saudi Ministry of Investment
HD Hyundai Heavy Industries, LIG Nex1, STX Engine, and ten other Korean defense companies signed a joint MOU with Saudi Arabia's Ministry of Investment to establish a local Korean defense supply chain. The agreement aims to build manufacturing and sustainment infrastructure in the Kingdom.
Related Contracts
Malaysia K-SAAM Haegung Ship-Launched SAM
Malaysia · signed
LIG Nex1 Electronic Warfare Aircraft System
South Korea · signed
Saudi Arabia K9 Thunder SPH Order
Saudi Arabia · signed
Iraq Cheongung-II (M-SAM) Air Defense System
Iraq · in_delivery
Saudi Arabia Cheongung-II Air Defense System
Saudi Arabia · signed
Related News
Hanwha Aerospace signs MOUs with 43 Korean drone firms to build a K-UAV ecosystem around the Mojave
September 21, 2026
Korea and Estonia defense industry associations sign first MOU at inaugural Tallinn forum
September 18, 2026
LIG D&A chairs new defense supply-chain security partnership backed by the NIS and SME ministry
September 17, 2026
K-defense export orders halve to ~$8B through July as Big-4 backlogs shrink and export "control tower" stays toothless
August 14, 2026