The Malaysian Ministry of Defence (Mindef) has finalised 40 agreements totalling RM7.3 billion, encompassing seven contracts valued at RM1.90 billion, 10 Memorandum of Understanding (MoUs) worth RM280 million, and the issuance of 17 Letter of Acceptance (LOA) amounting to RM3.30 billion. Additionally, four Letter of Intent (LOI) contracts valued at RM1.83 billion have been formalised, alongside the awarding of two Corporate Integrity System Malaysia Certificates.
In an official statement coinciding with the Defence Services Asia (DSA) Exhibition & Conference 2024 and National Security (Natsec) Asia 2024, Mindef underscored its ongoing efforts in procuring new assets for the Malaysian Armed Forces (MAF).
Among the highlighted acquisitions is the reception of 18 units of Anti-Tank Guided Weapon – Medium Range (ATGW-MR) from Turkiye, aimed at bolstering the firepower capabilities of Malaysian Army infantry battalions. Similarly, the Royal Malaysian Air Force (RMAF) is slated to upgrade its Air Surveillance Radar (ASR) and Air Traffic Management (ATM) system to enhance aircraft safety and air traffic efficiency.
Noteworthy among the agreements is a significant Letter of Intent (LOI) with Global Turbine Asia Sdn Bhd for the acquisition of floating pressure turbine (LPT) A400M aircraft stock for the Royal Malaysia Air Force (RMAF), valued at RM 392 million. Additionally, a RM378 million LOI has been formalised with BHIC Aeroservices Sdn Bhd for in-service support related to the supply and services of EC725 helicopters, operating on a performance-based framework.
In terms of naval operations, the Royal Malaysian Navy (RMN) remains steadfast in maintaining its existing assets at optimal operational readiness levels. To this end, contracts have been secured for the refit programme of three RMN vessels in collaboration with local shipyards. Moreover, plans are underway to award the In-Service Support contract for the Prime Minister’s Class Submarines to ensure operational effectiveness and mission safety.
Mindef has also affirmed its commitment to promoting integrity and curbing corruption within the defence procurement sector. Collaborative efforts with the Malaysian Institute of Integrity (IIM) are aimed at encouraging industry stakeholders to pursue Corporate Integrity System Malaysia (CISM) certification.
Photo: MINDEF Malaysia
Malaysian defense company, Deftech, displayed a range of unmanned aerial vehicles (UAVs) intheir booth during the DSA 2022 expo. The…
Airbus has performed a first A380 flight powered by 100% Sustainable Aviation Fuel (SAF). Airbus’ A380 test aircraft MSN 1…
Cargojet has entered into a five-year strategic agreement with DHL, with a renewal option for an additional two years, to…
The Icelandic airline Eagle Air and the German aircraft manufacturer Deutsche Aircraft have announced a renewal of their support contract…
Hindustan Aeronautics Limited (HAL) has signed an Memorandum of Understanding (MoU) with UPNM Malaysia for collaboration and training of faculty…
Meopta is displaying a wide range of military-grade optical gun sights, scopes, and night vision equipment at the Defense Services…
After signing a Memorandum of Understanding (MoU) with Malaysia’s G7 Aerospace at DSA 2022 event on Monday (Mar. 28), Infoglobal…
Insight Atlantic, a Malaysian defense equipment supplier, is displaying a range of made-in Germany, Lowa tactical footwear in its booth…
PAL Aerospace and Thales have signed an agreement to jointly develop the next generation of mission system during the DSA…
Airod Techno Power (ATP) signed a Memorandum of Understanding (MoU) with Honeywell International to provide Maintenance, Repair, and Overhaul (MRO)…
Advanced Defence Systems (ADS) has signed an MoU with Nexter on the third day of the DSA 2022 event, Wednesday…
In a public announcement released by the Malaysian Ministry of Defence (MINDEF) on Wednesday (Mar. 30), there have been 54…
Sikorsky and Boeing on Thursday announced six new members, including Magnaghi Aeronautica and Collins Aerospace, of Team DEFIANT. The suppliers…
MA Group will provide the fully integrated landing gear system for the DEFIANT X helicopter, consisting of the nose and…
After spending about US$7.4 million on the project, the Australian government has cancelled its Project Air 7003, a program that…
AerCap has signed lease agreements for ten new Airbus A320neo aircraft and two new Airbus A330neo aircraft with ITA Airways.…
A routine service test for an Emirates Airbus A380 aircraft on April 1 has ended with a surprising result. …
Malaysia-based DefTech and Iveco Defence Vehicles are joining hands to establish an authorised MRO centre for Iveco Defence Vehicles trucks…
General Atomics-Aeronautical Systems, Inc. (GA-ASI) has begun the first installation of factory upgrades to a Gray Eagle-Extended Range (GE-ER) Unmanned…
FL Technics has launched a dedicated business line for wheels and brakes maintenance and opened a specialized shop at the…
ScioTeq has launched RDU-4208 LAD, its new full redundant Large Area Display (LAD) that can be deployed in new cockpits…
Etihad Airways, on March 31st., 2022, unveiled its new Airbus A350-1000, registration A6-XWB, on a special inaugural commercial flight from…
RGA-Black Stone Airlines, a newcomer in the Indonesian aviation business, officially started its business in the country after having its…
SIA Engineering Company Limited (SIAEC) announced that it has signed a non-binding Memorandum of Understanding (MoU) with Impeccable Vintage Properties…
Honeywell has signed separate MOUs with Malaysian firms Airod Techno Power (ATP) and Galaxy Aerospace that will further strengthen the…
AirAsia has announced that it will resume international flights from India to Malaysia and Thailand. Flights are now available from…
Embraer and the Brazilian Army have inked a contract to develop and implement Phase Two of the Army's Strategic Program…
The Philippine Air Force (PAF) officially inducted two Turkish-made T129B ATAK attack helicopters and an Airbus Defense and Space C-295…
General Atomics Aeronautical Systems, Inc. (GA-ASI) has been selected to support the Japan Coast Guard's (JCG) RPAS Project. Operations will…
The Royal Thai Navy (RTN) S26T submarine acquisition project from China is at risk of cancellation due to Germany’s refusal…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2023. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2024 GBP all rights reserved.