Why billions spent on defense haven’t shielded Saudi Arabia from Houthi attacks
Saudi Arabia spent $83 billion on defense last year, according to the Stockholm International Peace Research Institute, putting it firmly among the top ten military spenders worldwide.
Saudi Arabia spends tens of billions of dollars on defense every year, but is struggling to protect key assets such as airports, refineries and pipelines from missiles and drones fired by Houthi militants from Yemen.
Escalation, through even more intense airstrikes, would bring the risk of further missile attacks that would undermine the goal of Crown Prince Mohammed bin Salman to make Saudi Arabia a world-class destination for investment, technology and tourism.
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