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Malaysia indicators US$2.three billion in defence offers at biennial truthful

KUALA LUMPUR: Malaysia’s defence ministry on Thursday (Might 25) stated it had signed agreements price RM10.1 billion (US$2.28 billion) at this yr’s biennial Langkawi Maritime and Aerospace (LIMA) exhibition, together with a number of new asset procurements.

They embrace the acquisition of 18 FA-50 mild assault plane from Korea Aerospace Industries (KAI), and 4 models of Sikorsky’s Black Hawk helicopters to be leased from Malaysian agency Aerotree Defence and Companies, the ministry stated in an announcement.

KAI, South Korea’s sole warplane producer, received a bid to provide the jets to Malaysia for about US$920 million, media had reported in February.

The acquisitions come as Malaysia appears to improve or substitute a number of getting old army property. The federal government allotted RM17.7 billion for the defence ministry below this yr’s funds, a 10 per cent improve from its funding in 2022.

The Royal Malaysian Air Drive will even be buying three unmanned aerial programs from Turkish Aerospace Industries, and two maritime patrol plane from Italian agency Leonardo SpA, the defence ministry stated.

“Plans are in place to acquire extra defence property below the following Malaysian Rolling Plan,” the ministry stated, referring to the nation’s five-year financial roadmap sequence.

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