Published On:February 8 2024
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"MIL Secures $225 Million Ammunition Deal with Saudi Arabian Government"

Defence PSU Munitions Indian Limited (MIL) Defence has clinched a significant contract worth $225 million for the supply of artillery ammunition to Saudi Arabia. This deal, facilitated through MIL's partner Nadrah Company, was formalized during the World Defence Show (WDS) 2024 in Riyadh.

The contract signing ceremony, held on Tuesday, saw the presence of key dignitaries including Minister of State for Defence, Ajay Bhatt, MIL CMD Ravi Kant, and Ahmad Abdulaziz Al-Ohali, Governor of the General Authority of Military Industries, Saudi Arabia. The agreement marks a substantial addition to MIL's export orders, with approximately ₹400 crore already in its books for supplying ammunition solely to Middle Eastern countries.

During the WDS, MoS Defence Ajay Bhatt engaged in discussions with Saudi Arabia's Defence Minister, Prince Khalid bin Salman bin Abdulaziz Al-Saud, focusing on enhancing bilateral defence cooperation. Additionally, Bhatt met with Dr Khaled Al-Bayari, Assistant Minister of Defence of Saudi Arabia, to explore avenues for further strengthening the enduring defence ties between the two nations. This series of engagements underscores the commitment to fostering robust defence collaboration between India and Saudi Arabia.

HBL





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