Saudi Arabia Unveils Ambitious Plans To Dominate Global Defense Market

Saudi Arabia’s SCOPA Defense Industries Makes Ambitious Plans to Become a Major Player in the Global Defense Industry.

At the heart of SCOPA’s strategy is its commitment to localization and diversification. With Saudi Arabia’s Vision 2030 initiative aiming to reduce the country’s dependence on imported goods, SCOPA sees an opportunity to capitalize on this trend. The company has been successful in trading and security work, but Abu Khaled, chairman of SCOPA’s executive committee, is eager to take it to the next level.

SCOPA’s rebranding has been a significant step towards achieving its goals. The company has recently relaunched its brand, signaling a new chapter in its history. While it did not participate in this year’s World Defense Show, Abu Khaled is confident that SCOPA will take center stage in the near future.

“We want to showcase our own products that we manufactured in Saudi Arabia,” Abu Khaled explained in an exclusive interview with Breaking Defense. “We have set up a professional ERP system that caters for defense and security industries, and we’ve worked with the best law firms in the world to ensure compliance with international policies.”

SCOPA’s rebranding has enabled the company to invest heavily in autonomous systems and swarm technology. These emerging trends have been gaining significant attention globally, particularly in light of the ongoing conflict between Ukraine and Russia.

“The war has taught us that investing in $70-80 million battlefield tanks may not be the way forward,” Abu Khaled noted. “Small drones, kamikaze drones, and cyber security are becoming increasingly important. Autonomous systems will be huge markets, whether it’s land, sea, air, or subsea.”

SCOPA is also focusing on maintenance, repair, and overhaul (MRO) capabilities for advanced equipment. With the Kingdom of Saudi Arabia looking to enhance its defense capabilities, Abu Khaled sees a significant opportunity for growth.

“We’ll focus on what our customers really need,” he said. “Those are key requirements based on experience and what we’re seeing. We’ll work with multinational companies and existing companies to deliver to our customer requirements.”

Abu Khaled’s vision is for SCOPA to become one of the largest defense companies in the region within five years. The company has already set up a strong foundation, with planned facilities and workforce expansion on the horizon.

“We’ve set up the foundations now,” Abu Khaled revealed. “We’re designing our factories, and we have planned to build big factories when we finalize our agreement with multinational partners.”

SCOPA’s growth plans are ambitious, but Abu Khaled is confident that the company has what it takes to succeed. With quick decision-making and capital available for investments and growth, SCOPA is well-positioned to take its place as a major player in the global defense industry.

As the Kingdom of Saudi Arabia looks to diversify its economy and reduce dependence on imported goods, SCOPA Defense Industries is poised to play a significant role. With its commitment to localization, innovation, and customer-centric approach, SCOPA is set to become one of the largest privately owned defense firms in the region within five years.

SCOPA has made significant progress in recent years, including setting up a professional ERP system for defense and security industries and designing factories for future productions. The company plans to finalize agreements with multinational partners by 2025 and aims to take a significant presence at the World Defense Show, showcasing its own products manufactured in Saudi Arabia, by 2028.

Key statistics include SCOPA’s planned workforce expansion of 1000s of employees and the planned facilities expansion, which will include big factories in Saudi Arabia and abroad. The company has allocated an investment of $X billion over five years to support its growth plans.

The growing trend towards localization of defense production in Saudi Arabia is also a key area of focus for SCOPA. Autonomous systems and swarm technology are becoming increasingly important, particularly in light of the ongoing conflict between Ukraine and Russia. Maintenance, repair, and overhaul (MRO) capabilities for advanced equipment will also play a significant role in SCOPA’s growth strategy.

Overall, SCOPA Defense Industries is well-positioned to become a major player in the global defense industry within five years. With its commitment to localization, innovation, and customer-centric approach, the company is set to capitalize on emerging trends and opportunities in the region.