Saudi Arabia Defense Market Report 2026-2035 | Procurement Plans, Budget Allocations, Market Trends | Featuring Igman, RTX Integrated Defense Systems, The Boeing Co., RTX Corp., Leonardo and More

Dublin, May 13, 2026 (GLOBE NEWSWIRE) -- The "Saudi Arabia Defense Market Data 2026-2035" has been added to ResearchAndMarkets.com's offering.

Saudi Arabia's defense budget has been significantly influenced by regional instability and the necessity to counter Iranian influence. Throughout the past decade, the nation has consistently ranked among the top importers of military equipment. In alignment with its Vision 2030, Saudi Arabia has embarked on a comprehensive initiative to boost domestic defense manufacturing. This ambitious project aims for 50% self-sufficiency in defense production by 2031, necessitating substantial investments in research and development, as well as acquisition funding.

Since the onset of U.S. and Israeli strikes on Iran on February 28, 2026, Saudi Arabia has endured multiple missile and drone attacks from Iran, specifically targeting Riyadh, the Eastern Province, and crucial energy infrastructures like the Ras Tanura refinery. To counter these increasing threats, Riyadh is evidently adopting a more defensive stance. The country has already made substantial arms purchases and expanded its missile and air-defense capabilities. Projections indicate that Saudi Arabia's defense budget will rise from $68 billion in 2027 to $86.3 billion by 2031, marking a compound annual growth rate (CAGR) of 6.1%.

To maintain a competitive edge in the aerospace and defense market, an interactive, Excel-based country intelligence workbook is now available. This ready-to-use workbook includes intuitive pivots and dashboards, facilitating analysis of defense spending, procurement programs, platform inventories, and market trends. The dynamic features allow users to slice and filter data, explore historical patterns, benchmark suppliers, and support strategic planning with expert, analyst-curated insights through 2035.

The report showcases:

Interactive visualization sheets provide expert insights into aerospace and defense market trends, supported by comprehensive underlying datasets covering Budget Allocations, Fleet Size, and Defense Program Forecasts.

Key Highlights:

Report Scope:

Reasons to Buy:

A selection of companies mentioned in this report includes, but is not limited to:

For more information about this report visit https://www.researchandmarkets.com/r/k6a0n3

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