CAIRO: Prince Khaled bin Sultan, Saudi Arabia's Deputy Defense Minister, spoke of the need for making military equipment spare parts locally, adding that it was encouraged by the late Prince Sultan. Speaking to reporters after visiting the air force command in Riyadh, he said about 120 factories in the Kingdom are now producing 156 spare parts. “If we bring all the spare parts of military equipment from abroad we have to spend a lot of money on that,” the deputy minister said, and disclosed plans to set up more than 1,000 military industries. He commended the cooperation of the private sector in setting up military industries, saying private firms have invested nearly SR500 million in the sector. The Ministry of Defense has signed contracts with more than 100 Saudi companies for the purpose. Prince Sultan's statement comes after Defense Minister Prince Salman chaired a meeting of the board of directors of the General Organization for Military Industries here yesterday. Prince Salman thanked Custodian of the Two Holy Mosques King Abdullah and Crown Prince Naif for their support to the organization. Spare parts and upgrades to military machinery are often considered lucrative contracts.
