Five agreements have been signed for locally manufacturing defense equipment, including multi-purpose helicopters and cargo aircraft, on the opening day of a week-long exhibition here on Sunday. Assistant defense Minister Gen. Mohammed Al-Ayesh said Saudi Arabia plans to produce at least 10 percent of the military requirements locally and thereby reduce costs of such imports. Armed Forces Exhibition for Diversification (AFED) of Local Manufacturing, which is being held under the patronage of Custodian of the Two Holy Mosques King Salman, was inaugurated by Gen. Al-Ayesh on behalf of Deputy Crown Prince Mohammed bin Salman.