RIYADH (Reuters) – U.S. weapons maker Lockheed Martin has signed agreements for Saudi Arabian companies to manufacture parts of its Terminal High Altitude Area Defense (THAAD) system, the company said on Monday.
These sub-contracts will enhance manufacturing capabilities in Saudi Arabia and transfer expertise to strengthen the country’s defense industry, Lockheed said.
(Reporting by Jana Choukeir; Editing by David Goodman)
