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 […]
SHAH ALAM: The Ministry of Finance, the Edge reported, has taken over the offshore patrol vessel project from the builder THHE Destini JV. Interestingly, the report also said that the project needed a loan of RM152.6 million from the government to complete the first vessel within this year (which is […]
SHAH ALAM: He said, she said, Part II. In an earlier post, I asked will the attempt of transparency prompted by the LCS scandal prevent the MALE UAS, MPA and FLIT-LCA from becoming like the MD-530G and LCS projects or will Rahsia supersede everything even shenanigans, corruption, and collusion. Today […]
Malaysian Defence
