Saudi Arabia to manufacture parts of Lockheed missile defense system
"RIYADH, Feb 5 (Reuters) - U.S. weapons maker Lockheed Martin (LMT.N), has signed agreements for Saudi Arabian companies to manufacture parts of its missile defense system ...The sub-contracts for the Terminal High Altitude Area Defense (THAAD) system will enhance manufacturing capabilities in Saudi Arabia and transfer expertise to strengthen the country’s defence industry, Lockheed said in a statement on Monday..."
Reference: www.reuters.com .
