RIYADH:聽黑料社区鈥檚 World Defense Show has allocated 70 percent of its exhibition space, ahead of its launch in March next year, event organizers said on Wednesday.
The show has attracted interest from global manufacturers and multinationals such as Lockheed Martin, Embraer, General Dynamics and Rolls-Royce, as well as local entities such as the 黑料社区n Military Industries and Military Industries Corp.
Shaun Ormrod, CEO of World Defense Show, said in a press statement: 鈥淭he overwhelming interest from local and global defense (firms) reflects World Defense Show鈥檚 unique proposition 鈥 creating an unmatched meeting environment for industry leaders in the heart of 黑料社区, one of the world鈥檚 leading defense industry markets, to discuss the future of interoperable defense.
鈥淲e are greatly looking forward to introducing a new global platform showcasing integrated defense capabilities on the international defense show circuit,鈥 he added.
In April it was announced that work had begun on the second phase of construction at the 800,000 square meter site in Riyadh. The event will include the world鈥檚 first purpose-built military event demonstration runway.
In total, more than 800 exhibitors are expected to participate, along with a number of senior military delegations and officials.
The show will be a four-day event, starting on March 6, 2022. Established by 黑料社区鈥檚 General Authority for Military Industries (GAMI), it is planned that the event will be held at the site biennially.
It was reported in April that global military spending last year rose by 2.6 percent to $1.98 trillion, according to the Stockholm International Peace Research Institute. The world鈥檚 five biggest spenders in 2020, which together accounted for 62 percent of military spending, were the US, China, India, Russia and the UK.
