World Defense Show Sees Surge in Agreements, Strategic Partnerships

Minister of Industry and Mineral Resources Bandar Alkhorayef witnesses the signing of a memorandum of cooperation between the National Industrial Development Center and Airbus (Asharq Al-Awsat). 
Minister of Industry and Mineral Resources Bandar Alkhorayef witnesses the signing of a memorandum of cooperation between the National Industrial Development Center and Airbus (Asharq Al-Awsat). 
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World Defense Show Sees Surge in Agreements, Strategic Partnerships

Minister of Industry and Mineral Resources Bandar Alkhorayef witnesses the signing of a memorandum of cooperation between the National Industrial Development Center and Airbus (Asharq Al-Awsat). 
Minister of Industry and Mineral Resources Bandar Alkhorayef witnesses the signing of a memorandum of cooperation between the National Industrial Development Center and Airbus (Asharq Al-Awsat). 

The second day of the third edition of the World Defense Show 2026 in Riyadh witnessed intensified momentum in the signing of defense agreements and strategic partnerships with international entities.

It reflects Saudi Arabia’s drive to localize technology, build national capabilities in the military and defense sectors, and deepen local supply chains in line with Vision 2030.

On the sidelines of the exhibition, the Saudi Ministry of Defense signed 28 contracts with local and international companies specializing in military industries.

Four contracts were signed by Dr. Khaled Al-Biyari, Assistant Minister of Defense for Executive Affairs, with chief executives of France’s MBDA, Raytheon Saudi Arabia, South Korea’s Hanwha Aerospace, and Italy’s Leonardo.

Al-Biyari also attended the signing of eight additional contracts concluded by Ibrahim Al-Suwayed, Undersecretary of Defense for Procurement and Armament, with local and global companies from France, Türkiye, South Korea, and Italy.

A further 16 contracts were signed by executive directors at the Ministry’s Procurement and Armament Agency with representatives of defense firms.

The agreements aim to enhance the readiness and combat efficiency of the armed forces, ensure the sustainability of military systems, and support the localization of defense manufacturing. These efforts align with Vision 2030 targets to localize more than 50 percent of spending on military equipment and services.

In a parallel development, Al-Biyari and German State Secretary at the Federal Ministry of Defense Jens Plötner signed draft arrangements for defense cooperation between the two countries.

The exhibition also highlighted efforts to localize the aviation industry. The Minister of Industry and Mineral Resources oversaw the signing of a memorandum of cooperation between the National Industrial Development Center and European aerospace company Airbus.

The memorandum includes plans to establish engineering centers for manufacturing, assembly, and maintenance, transfer technology and expertise, and develop a logistics ecosystem to support the aviation industry.

It also covers attracting global suppliers to invest locally, exploring procurement and export options, and identifying incentives and financing mechanisms to support joint projects. Training programs and educational partnerships are also planned to qualify Saudi talent to lead the aviation sector and related industries.

Innovation and integration were the central themes of the exhibition’s second day. Eng. Ahmad Al-Ohali, Governor of the General Authority for Military Industries, reaffirmed Saudi Arabia’s commitment to developing integrated and globally competitive defense industries.

He noted that the exhibition reflects national goals to advance localization, strengthen supply chains, and enhance operational readiness across defense and security sectors.

Chief of the General Staff General Fayyadh Al-Ruwaili outlined strategic directions for developing the national defense system in light of evolving global operational conditions. Senior local and international officials participated in discussions on building a resilient defense framework capable of addressing future challenges.

The program also featured “Thought Leadership” sessions focusing on the evolution of defense industries, investment opportunities in aviation and space, and supply chain development.

Activities continued at the Defense Industry Lab and the Saudi Supply Chain Zone, designed to strengthen collaboration among manufacturers and accelerate technology transfer.

Exhibition Chief Executive Officer Andrew Pearcey said the strong international participation reflects Saudi Arabia’s growing role in shaping the future of defense technologies. The World Defense Show brings together 1,468 exhibitors from 89 countries, with live demonstrations and strategic programs covering air, land, sea, space, and security domains.

Further strengthening industrial capabilities, GE Aerospace signed an industrial participation agreement with the General Authority for Military Industries to enhance repair and maintenance capabilities for F110 engines.

A separate memorandum of understanding was also signed to explore building a globally competitive aviation industrial base and accelerating the Kingdom’s manufacturing roadmap. The authority said the agreement would support knowledge transfer, international certification, and the localization of engine component manufacturing.

Major global defense and aerospace companies also reaffirmed their commitment to supporting Saudi Arabia’s localization agenda. Boeing highlighted its support for enhancing readiness and domestic capabilities, while RTX, through Raytheon Saudi Arabia, showcased advanced defense systems and emphasized workforce development and integrated solutions aligned with the exhibition’s theme, “The Future of Defense Integration.”

The World Defense Show continues to consolidate its role as a global platform connecting manufacturers, investors, entrepreneurs, and decision-makers.

Supported by regulatory development, incentive programs, and human capital initiatives, Saudi Arabia has made tangible progress in localization. By 2024, localized military spending had reached nearly 25 percent, local content stood at 40.7 percent, and Saudization reached 63 percent, reinforcing the Kingdom’s ambition to become a regional hub for defense and aviation industries by 2030.

 

 

 

 



Safran to Open Landing Gear Plant in Morocco

Safran Group logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration
Safran Group logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration
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Safran to Open Landing Gear Plant in Morocco

Safran Group logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration
Safran Group logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration

Safran Landing Systems, a subsidiary of French aerospace group Safran, signed a deal with Morocco to set up a landing gear factory near Casablanca worth 280 million euros ($332 mln) to supply the Airbus A320, Safran Chair Ross McIness said.

The new plant will help Safran support the production pace of the Airbus A320 family and prepare the next generation of short and medium-haul aircraft, McIness said at the deal's signing ceremony chaired by Morocco's King Mohammed VI at the Royal Palace in Casablanca.

The plant is a step forward in Morocco's plan to strengthen its position in global aerospace industry supply chains, Moroccan industry minister Ryad Mezzour said on the same occasion.

The factory, set to be one of the largest of its kind, is expected to start production in 2029, Safran's communications said.

In October, Safran signed deals with the Moroccan government to set up a new engine assembly line for Airbus jets and a new maintenance and repair plant in Midparc, an industrial zone near Casablanca dedicated to aerospace manufacturers.

With 150 firms, Morocco's aerospace sector employs 25,000 people. Its exports rose to 29 billion dirhams ($3 billion) in 2025 from 26.4 billion dirhams a year earlier.


China to Scrap Tariffs for Most of Africa from May

Visitors walk past illuminated lantern displays ahead of Lunar New Year in Beijing, China, Wednesday, Feb. 11, 2026. (AP Photo/Vincent Thian)
Visitors walk past illuminated lantern displays ahead of Lunar New Year in Beijing, China, Wednesday, Feb. 11, 2026. (AP Photo/Vincent Thian)
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China to Scrap Tariffs for Most of Africa from May

Visitors walk past illuminated lantern displays ahead of Lunar New Year in Beijing, China, Wednesday, Feb. 11, 2026. (AP Photo/Vincent Thian)
Visitors walk past illuminated lantern displays ahead of Lunar New Year in Beijing, China, Wednesday, Feb. 11, 2026. (AP Photo/Vincent Thian)

Beijing's scrapping of tariffs for all but one African country will start May 1, Chinese President Xi Jinping said Saturday, according to state media.

China already has a zero-tariff policy for imports from 33 African countries, but Beijing said last year it would extend the policy to all 53 of its diplomatic partners on the continent.

China is Africa's largest trading partner and a key backer of major infrastructure projects in the region through its vast "Belt and Road" initiative.

From May 1, zero levies will apply to all African countries except Eswatini, which maintains diplomatic relations with Taiwan.

China claims the democratic island as its own and does not rule out using force to take it.

Many African countries are increasingly looking to China and other trading partners since US President Donald Trump imposed steep tariffs worldwide last year.

Xi said the zero-tariff deal "will undoubtedly provide new opportunities for African development", announcing the date as leaders across the continent gathered in Ethiopia for the annual African Union summit.

The announcement came as Africa’s top regional body hosted its annual summit in Ethiopia this weekend to discuss the future of the continent of some 1.4 billion people.


Trump to Roll Back Some Tariffs on Steel, Aluminum

A worker in the coal fields at US Steel's Clairton Coke Works in Clairton, Pa., on Wednesday, Nov. 19, 2025. (Quinn Glabicki/Pittsburgh's Public Source via AP)
A worker in the coal fields at US Steel's Clairton Coke Works in Clairton, Pa., on Wednesday, Nov. 19, 2025. (Quinn Glabicki/Pittsburgh's Public Source via AP)
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Trump to Roll Back Some Tariffs on Steel, Aluminum

A worker in the coal fields at US Steel's Clairton Coke Works in Clairton, Pa., on Wednesday, Nov. 19, 2025. (Quinn Glabicki/Pittsburgh's Public Source via AP)
A worker in the coal fields at US Steel's Clairton Coke Works in Clairton, Pa., on Wednesday, Nov. 19, 2025. (Quinn Glabicki/Pittsburgh's Public Source via AP)

US President Donald Trump plans to scale back some tariffs on steel and aluminum goods, the Financial Times reported on Friday, citing people familiar with the matter.

Officials in the Commerce Department and US trade representative’s office believe the tariffs are hurting consumers by raising prices for goods including pie tins and food-and-drink cans, the FT report said.

Voters nationwide are worried about prices, and cost-of-living concerns are expected to be a major factor for Americans heading into the November midterm elections.

A recent Reuters/Ipsos poll showed that 30% of Americans approved of Trump’s handling of the rising cost of living, while 59% disapproved, including nine in 10 Democrats and one in five Republicans.

Trump hit steel and aluminum imports with tariffs of up to 50% last year and has repeatedly used levies as a negotiating tool with a range of trading partners.

The Trump administration is now reviewing a list of products affected by the levies and plans to exempt some items, halt the expansion of the lists and instead launch more targeted national security probes into specific goods, the FT report added.

Trump recently touted his economic record in Detroit, aiming to refocus attention on US manufacturing and his efforts to tackle high consumer costs as the White House seeks to show it is addressing the economic anxieties gripping US households.

The US Commerce Department last year hiked steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines, furniture and hundreds of other products.

Prices Sink in Markets

Aluminum prices sank to a one-week low on Friday after the report Trump may trim some import tariffs.

On the London Metal Exchange, the benchmark three-month aluminum contract slipped more than 1.18% to $3,063.50 a ton by 0740 GMT, while the most-active contract on the Shanghai Futures Exchange fell 1.76% to 23,195 yuan ($3,355.27) a ton.

The metal has also recently received support from South32, an Australian company, which announced that it would place the Mozal aluminum plant in Mozambique, under care and maintenance next month.

Traders said the removal of tariffs would help ease the flow of aluminum into global markets, but the decision’s impact on supply and demand is limited.

On Friday, the price of aluminum dropped as trading has slowed in China since the Shanghai Futures Exchange will be closed from February 15 for the nine-day Lunar New Year break and reopen on February 24.

The most-active copper contract on the Shanghai Futures Exchange tumbled 2.24% to 100,380 yuan a metric ton.

In return, the three-month benchmark copper price rose slightly by 0.02% to $12,878 per ton, still hovering below the $13,000 level.