Bander Al-Khorayef, Acting Governor of the General Authority for Military Industries (GAMI)
Bander Al-Khorayef, Acting Governor of the General Authority for Military Industries (GAMI), said Saudi Arabia is well positioned to excel in advanced technologies, supported by its strong digital base, skilled young workforce, and ability to turn ideas into products that can be deployed in the field. 
In an interview with Asharq Bloomberg, Al-Khorayef added that the Kingdom had built a strong industrial base over the past several years under Vision 2030, leveraging its geographic location and competitive energy prices. He noted that the military industries sector builds on this foundation.
The structural changes in the sector have been driven by several key developments, including global geopolitical challenges, supply chain disruptions, and emerging technologies that have disrupted traditional industries previously reliant on heavy equipment with long service lives, said Al-Khorayef.
He also highlighted the continued importance of conventional equipment, stressing the need to strengthen supply chains and develop maintenance capabilities and local spare-parts manufacturing to ensure the equipment’s long-term sustainability.
As per Argaam’s data, Saudi Arabia’s localization rate of military spending reached 27.3% in 2025, exceeding the target of 24% for the same year. Local content in military spending grew by 40.91%.
The overall economic impact included a SAR 7.46 billion contribution to the Saudi GDP and SAR 5.24 billion in employment-related contributions.
Bander Al-Khorayef, Acting Governor of the General Authority for Military Industries (GAMI)
Bander Al-Khorayef, Acting Governor of the General Authority for Military Industries (GAMI), said Saudi Arabia is well positioned to excel in advanced technologies, supported by its strong digital base, skilled young workforce, and ability to turn ideas into products that can be deployed in the field.
In an interview with Asharq Bloomberg, Al-Khorayef added that the Kingdom had built a strong industrial base over the past several years under Vision 2030, leveraging its geographic location and competitive energy prices. He noted that the military industries sector builds on this foundation.
The structural changes in the sector have been driven by several key developments, including global geopolitical challenges, supply chain disruptions, and emerging technologies that have disrupted traditional industries previously reliant on heavy equipment with long service lives, said Al-Khorayef.
He also highlighted the continued importance of conventional equipment, stressing the need to strengthen supply chains and develop maintenance capabilities and local spare-parts manufacturing to ensure the equipment’s long-term sustainability.
As per Argaam’s data, Saudi Arabia’s localization rate of military spending reached 27.3% in 2025, exceeding the target of 24% for the same year. Local content in military spending grew by 40.91%.
The overall economic impact included a SAR 7.46 billion contribution to the Saudi GDP and SAR 5.24 billion in employment-related contributions.
