Defence Contract

BHICAS To Continue Supporting EC725s

SHAH ALAM: Boustead Heavy Industries Corp Bhd (BHIC) announced today that its 51 per cent-owned joint venture was awarded the RM378 million in-service support and performance-based contract for RMAF’s EC725 helicopters. BHIC is the subsidiary of Boustead Holdings Bhd. The heavy engineering firm said the JV company, BHIC AeroService Sdn […]

Defence Contract

BHICAS To Compete For MD530G MRO

SHAH ALAM: BHIC AeroServices Sdn Bhd (BHICAS) will be competing in the open tender for the maintenance, repair and overhaul (MRO) for helicopters operated by the Malaysian security services, said its CEO Sevvale Sarvaesvaran. Speaking at the DSA 2024 exhibition, Sevvale said three MRO contracts will be up for open […]

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 […]