TECHNOLOGY

VIDEO: ‘Defense industry critical to region’s economic diversification plan’

 

Defense industry lies at the core of the region’s economic diversification plans away from oil and it is enabling R&D and technology Walid Abukhaled, Chief Executive – Middle East, Northrop Grumman has said.

Speaking on the sidelines of the Aerospace Summit in Abu Dhabi recently, he said that there will be lot of investment in the defense and security industry, which will help small and medium enterprises as well as universities.

He said that there are a lot of initiatives are taking place in Saudi Arabia. “I am extremely optimistic about the future about the industry,” he said.

 

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Last Update: Friday, 4 May 2018 KSA 14:56 - GMT 11:56
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