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The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. [2] The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources.
Saudi Arabia has at least 15 active military airfields. [28] As of 2011, Saudi Arabia has around 300 combat aircraft. The kingdom's combat aircraft are newly acquired Typhoons and upgraded Tornado IDS, F-15 Eagle and F-15E Strike Eagle fighter planes. Saudi Arabia has a further 80+ F-15 Eagles on order and an option to buy another 72 Typhoons.
In 2017, Saudi Arabia ranked third in the world with military spending and was by far the largest military spender in the Middle East. [ 2 ] [ 3 ] With an allocated budget of $69.4 billion representing 10% of the country's gross domestic product (GDP), Saudi Arabia replaced Russia, which ranked fourth in military spending, according to the ...
A defence treaty giving Saudi Arabia U.S. military protection in exchange for recognising Israel would reshape the Middle East by uniting two long-time foes and binding Riyadh to Washington at a ...
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
America's top defense firms, such as Lockheed Martin and Raytheon, will face limited financial risks in their dealings with Saudi Arabia, even as lawmakers consider imposing limits on arms sales ...
South Korea and Saudi Arabia on Sunday signed a memorandum of understanding to expand defence cooperation, Seoul's Defense Acquisition Program Administration (DAPA) said, as Seoul looks to ink ...
In February 2019, SAMI and Naval Group entered into a Memorandum of Agreement to create a joint venture company in Saudi Arabia’s naval defense domain. [12] On 4 July 2024, SAMI announced the signing of three MOUs with Turkish companies to localize defense industries in Saudi Arabia.