Raytheon entertains Mohammed bin Salman with a reshuffle of its Riyadh unit
Like Lockheed Martin, Raytheon is trying to keep in step with the Crown Prince's new policy for the country but not without some difficulty. [...]
The deputy crown prince of Saudi Arabia is the youngest defence minister in the world in a country where old age is the norm at the top. Surrounded by a younger guard, Mohammed bin Salman Al Saud has launched a number of reforms since his father, King Salman bin Abdulaziz came to power, articulated around the Vision 2030 programme. His influence on the regime’s apparatus is growing, which has caused a certain amount of jealousy on the part of his rivals, most notably the crown prince and interior minister Mohammed Bin Nayef.
The billions of dollars being injected into the vast Al-Ula archaeological tourist project is the stuff of dreams for France's industrial players and ministry of foreign affairs, which have been pulling out all the stops in Riyadh. [...]