Aselsan signs MoU with Saudi companies
Turkish defence company Aselsan has signed a Memorandum of Understanding (MoU) with Saudi company TAQNIA Defense and Security Technologies (DST) and King Abdulaziz City for Science and Technology (KACST).
The MoU will see Aselsan, TAQNIA DST and KACST increase their cooperation together with government agencies and other organisations in a strategic partnership that will aim to have a positive impact on defense and security technology and innovation capabilities in Saudi Arabia.
The agreement was signed by Turki Bin Saud Bin Mohammad Al Saud, president of KACST; Hamad Alyousefi, CEO of TAQNIA DST; and Oğuz Şener, vice president of Aselsan. Several other officials were also present at the signing event.
More from Defence Notes
-
![What the future holds for Ukraine and NATO under a Trump administration]()
What the future holds for Ukraine and NATO under a Trump administration
Although Trump’s geopolitics policy for Europe remains unclear, defence analysts from the US and Europe predict how his incoming administration would attempt to handle critical issues on the continent.
-
![RUSI deputy: UK needs longer procurement plans and improved awareness of US sift to Indo-Pacific]()
RUSI deputy: UK needs longer procurement plans and improved awareness of US sift to Indo-Pacific
The UK budget announced in Parliament on 30 October was the first by a Labour government in 14 years which has also launched a review into defence procurement programmes.
-
![Australia outlines longer punch and brings local industry onboard]()
Australia outlines longer punch and brings local industry onboard
The Australian government has placed a focus on Guided Weapons and Explosive Ordnance (GWEO) which has included the purchase of additional long-range rocket systems and investments in local production of missiles.
-
![UK boosts defence budget by 5.3%, but is this enough?]()
UK boosts defence budget by 5.3%, but is this enough?
The UK budget announced in Parliament on 30 October is the first by a Labour government in 14 years. While it sees a boost in defence spending, this comes in the face of fiscal challenges and the effects of inflation.
-
![UK makes big moves to fix “broken” defence procurement system ahead of major review]()
UK makes big moves to fix “broken” defence procurement system ahead of major review
The changes are intended to meet greater need and deliver more value for money.
-
![US companies invest in production capabilities to satisfy DoD’s hunger for cutting-edge capabilities]()
US companies invest in production capabilities to satisfy DoD’s hunger for cutting-edge capabilities
BAE Systems, Booz Allen Hamilton and Lockheed Martin have been betting on new facilities and innovative manufacturing technologies to speed up the development of new solutions.
