The Antonov/Taqnia An-132 was an improved version of the Antonov An-32 twin-engined turboprop military transport aircraft that was under development jointly by Saudi Arabia and Ukraine.

In the 1980s, at the request of the Indian Air Force, for operating in the high-altitude environments of Northern India, the An-26 was fitted with more powerful Ivchenko AI-20 engines.

In late 2014, Saudi Arabia initiated negotiations for the development of new aircraft with Ukraine, focusing on a modernised version of the An-32, replacing Soviet and Russian systems with western components.

The aircraft would also feature British-made propellers, French air management systems, and many other European and American components that would replace the original Russian parts.

While the An-132 inherits the aerodynamic features of its predecessor, the An-32, many of its Soviet and Russian origin parts are replaced by Western European and American made components.

This arrangement produces 5,071 shp, allowing the aircraft to achieve "hot and high" takeoff performance, and operate in sparse conditions.

The aircraft features Honeywell avionics, a Liebherr air management system and a Hamilton Sundstrand-supplied Auxiliary Power Unit (APU).

However, with the RSAF already negotiating the purchase of extra Lockheed Martin C-130J Super Hercules, as well as EADS CASA C-295 at the time, little space was left for the An-132.

In April 2019, Antonov CEO Oleksandr Donets announced that cooperation had been suspended, indicating that Taqnia was no longer a partner in the project.

The primary reason for this change suggested by aviation experts is that the RSAF decided to focus their efforts towards building their fleet of already operated aircraft, such as the C-130J Super Hercules.