KUALA LUMPUR (BNS): Malaysia has signed defence contracts worth RM10.355 billion (USD 3.24 billion) at the ongoing Defence Services Asia 2010 exhibition here to acquire a number of defence equipment and systems from domestic and international companies.
The deals include eight contracts, five MoUs, three letters of acceptance and four letters of intent, Malaysian official news agency Bernama said.
Among the major agreements is an RM128.5 million deal for the Royal Malaysian Navy to acquire Scorpene-type submarine navigation safety, combat systems, sensors and periscope simulator.
Another RM100 million contract, signed during the international defence exhibition, is for the supply of articles, services and technical assistance for the SU-30MKM (Sukhoi) aircraft which the country is acquiring from Russia.
Deals have also been signed to get helicopters, tanks and a range of arms and artillery for the Malaysian Army, the news agency said.
Malaysia is hosting the 12th edition of the Defence Services Asia at the Putra World Trade Centre here. The biennial event has attracted participation from several countries who are exhibiting cutting-edge technology for army, navy, air force as well as for the security and homeland enforcement agencies.
The four-day long exhibition will conclude on Thursday.
Malaysia inks defence deals worth $3.24 bn at DSA '10
Article Posted on : - Apr 21, 2010
Other Related News
Come up with ideas, products that become necessity of armed forces: Defence Minister
Defence Minster Rajnath Singh has exhorted the defence industry stakeholders and innovators to come up with new ideas and translate them into products, so that the Armed Forces would feel that they were incomplete without these equipment.
The Indian Air Force, in its flight trials evaluation report submitted before the Defence Ministry l..
view articleAn insight into the Medium Multi-Role Combat Aircraft competition...
view articleSky enthusiasts can now spot the International Space Station (ISS) commanded by Indian-American astr..
view article