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The body will enjoy legal personality and financial and administrative independence. The body, which will be linked to the prime minister, will focus on research and development in defense-related fields.
It will tasked with the formation of policies and strategies governing the defense technology sector in the Kingdom.
Saudi Arabia is investing heavily in its defense industries to reduce reliance on imported military hardware as well as add higher value jobs in the Kingdom.
The aim is to increase this to up to 50 percent by 2030.
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