Saudis Bow Out of Contract to Develop Ukraine's Grom-2 Missile System
Last year it was reported that Saudi investors had secretly invested about $40 million into the development of the Grom-2: a new Ukrainian tactical short range ballistic missile (SRBM) system designed to compete with Russia's Iskander. However, reports now suggest that the Saudis have cut off funding, leading to the suspension of the program.