Saudi Arabia & Lockheed Martin

Saudi Arabia: Saudi Arabia used about 86% of its PAC-3 interceptors in the first 38 days of combat, leaving only 400 missiles. It is among the Gulf nations seeking to replenish its depleted stocks.

Lockheed Martin: Lockheed Martin builds the advanced PAC-3 MSE interceptors and recently introduced the lower-cost PAC-3 ACE. The U.S. Army awarded it a contract worth up to $58.6 billion to produce Patriot interceptors, significantly strengthening its defense portfolio.

Saudi Arabia: The license supports Saudi Arabia's Vision 2030 objective of localizing military spending and strengthens its domestic defense manufacturing capabilities.

Lockheed Martin: Lockheed Martin's partnership with NAMI for producing 3D printed components in Saudi Arabia is formalized and scaled by the license, supporting its localization efforts.

Saudi Arabia: Potential addition to Abraham Accords; involved in regional security and energy markets.

Lockheed Martin: Met with Zelenskyy to discuss Patriot co-production; potential new contracts and revenue from Ukraine and allies.