Korean Defense Firms Sign Supply Chain MOU with Saudi Ministry of Investment
| Korea Herald
HD Hyundai LIG Nex1 Saudi Arabia supply chain MOU WDS 2026 localization
HD Hyundai Heavy Industries, LIG Nex1, STX Engine, and nine other Korean defense companies signed a joint MOU with Saudi Arabia's Ministry of Investment to establish a local Korean defense supply chain. The agreement aims to build manufacturing and sustainment infrastructure in the Kingdom.