Saudi Arabia has finalized a substantial $3.2 billion agreement with South Korean defense company LIG Nex1 for the acquisition of a mid-range surface-to-air missile defense system.. The deal encompasses the purchase of 10 batteries of the Cheongung M-SAM II, a medium-altitude interception system, as announced by South Korea’s Ministry of National Defence. Some specifics of this significant defense procurement were unveiled during the World Defense Show in Riyadh, highlighting the growing defense collaboration between Saudi Arabia and South Korea.Â
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