Defence Contract

Talks On Upgrading The Kedah Class

SHAH ALAM: Even though LMS Batch 2 was the underlying factor at LIMA 2023, there was also talk on upgrading the Kedah-class ships or known in the RMN as the Skuadron 17 Patrol Vessel (PV). PV17 Squadron is the formal name for the six-strong Kedah class ships, namely KD Kedah […]

Defence Contract

LIMA 2023 Contracts, RMN

SHAH ALAM: This is the second story on the contracts, LOI and LOA announced at LIMA 2023 on May 25. Due to time constraints Malaysian Defence was unable to post the whole story on the day itself. Yesterday, the first story on the Army contracts was published. This post will […]

Defence Contract

LCS Now Costs RM11.2 Billion, Updated

LANGKAWI: The cost for the five-ship LCS project has been bumped up for around RM2 billion more. The figure was released by Boustead Heavy Industries Corporation Sdn Bhd (BHIC) in a Bursa Malaysia announcement today (May 26). The cost for the five ships is now RM11.2 billion compared to RM9.1 […]

Defence Contract

KD Terengganu Sailing The Waves Again

SHAH ALAM: KD Terengganu sailing the waves again. Back in June 2019, Malaysian Defence wrote that KD Terengganu -pennant number 174 – will undergo a refit at the Boustead Naval Shipyard in Lumut, Perak. BNS announced it got the RM96 million contract in an announcement to Bursa Malaysia. Late last […]

Defence Contract

Never Ending Story Part 2

SHAH ALAM: For the third day running (April 4 to 6), Dewan Negara debated on Defence Ministry issues. And for the second day running (April 5 to 6), it was about the LCS project. Defence Minister DSU Mohamad Hasan was in parliament yesterday to answer questions from the senators. It […]

Defence Contract

More On LCS….The Never-Ending Story

SHAH ALAM: More on the LCS. It has become apparent that the LCS project is the actual never-ending story. Thanks to questions in Dewan Negara or Senate we now know more about the project. Deputy Defence Minister Adly Zahari answering the questions on the floor stated that since the government […]

defence Industry

BHIC Appoints New CE0

SHAH ALAM: Boustead Heavy Industries Corp Bhd (BHIC) has appointed Feroz Razi Ramli, 45 as its new chief executive officer. Feroze replaces Sharifuddin Zaini Al-Manaf, 53, who completed his tenure as CEO after holding the post since April 1, 2020, the group said in a bourse filing on March 31. […]

Auditor General Report

LTAT Thinking To Divest From Defence Business

SHAH ALAM: It appears as part of its privatisation exercise of Boustead Holdings, Lembaga Tabung Angkatan Tentera (LTAT) is looking at whether it is feasible to divest from the defence business, The Edge quoted LTAT CEO Nazim Abdul Rahman. He said as part of the LTAT transformation they will need […]

Defence Contract

More Details on BNS/BHIC Legal Woes

SHAH ALAM: More details on BNS/BHIC legal woes. As part of its annual report, Boustead Heavy Industries Corporation Bhd, the publicly listed engineering subsidiary of Boustead Holdings Bhd, published the legal actions taken against the company for its shipbuilding activities. The shipbuilding activities is undertaken by its associate company, Boustead […]

Defence Contract

Still In Purgatory…LCS Part IV

SHAH ALAM: In an earlier article, Malaysian Defence posted that the international settlement agreement has reached an impasse as the Defence Ministry was not keen on issuing a letter of indemnity to one of the parties involved. This was based on a report from the Edge. Based on the Parliament’s […]