Defence Contract

Reasons for The Higher LCS Cost

SHAH ALAM: Deputy Defence Minister Adly Zahari told Dewan Rakyat today that the additional time given to Boustead Naval Ship (BNS) to complete the five the LCS was one of the reasons for the increase in cost of the project. He said the additional time given was part of the […]

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

Only First Two LCS by 2025, PAC Report

SHAH ALAM: Only first two LCS. Only the first two LCS will be completed by 2025 as part of the revival of the project, it was revealed today. Once the successful sea acceptance trials (and likely commissioning) of the first two, that the government will make decision to complete the […]