--- title: "Saudi Arabia has placed an order for 50 CH-7 stealth drones worth over 3 billion USD? NANYANG TECH responds" type: "News" locale: "en" url: "https://longbridge.com/en/news/260950139.md" description: "On October 13th, an investor asked NANYANG TECH on the Shenzhen Stock Exchange's interactive platform: According to reports from authoritative overseas media, the Saudi Air Force has purchased fifty CH7 stealth drones, with a contract value exceeding 3 billion USD. The contract also includes subsequent maintenance services and consumables. Is this order true? What impact will it have on the company's performance this year and next year? NANYANG TECH responded that the CH7 drone is still in the development stage" datetime: "2025-10-13T23:58:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/260950139.md) - [en](https://longbridge.com/en/news/260950139.md) - [zh-HK](https://longbridge.com/zh-HK/news/260950139.md) generator: "portal-rs" --- # Saudi Arabia has placed an order for 50 CH-7 stealth drones worth over 3 billion USD? NANYANG TECH responds On October 13th, an investor asked a question on the Shenzhen Stock Exchange's Interactive Easy platform regarding NANYANG TECH: According to reports from overseas authoritative media, the Saudi Air Force has purchased fifty CH7 stealth drones, with a contract value exceeding 3 billion USD. The contract also includes subsequent maintenance services and consumables. Is this order true? What impact will it have on the company's performance this year and next year? NANYANG TECH responded that the CH7 drone is still in the development stage ### Related Stocks - [002389.CN](https://longbridge.com/en/quote/002389.CN.md) ## Related News & Research - [Russian and Ukrainian attacks kill 10 people, a day after deadly shopping mall drone strike](https://longbridge.com/en/news/296684395.md) - [FOCUS-Why Dutch insurers remain on the sidelines as Netherlands pushes defence spending](https://longbridge.com/en/news/296733242.md) - [Will SpaceX Stock Break Out or Break Down? Top Investor Weighs In](https://longbridge.com/en/news/296723813.md) - [SpaceX has some of the world's biggest investors on board. Meet 10 of its top shareholders.](https://longbridge.com/en/news/296512739.md) - [Intercity says Alpha Blue Ocean holds 24.39% stake as of Aug. 18](https://longbridge.com/en/news/296637443.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**