Defence Contract

First LCS To Be Ready by August 2024

SHAH ALAML Earlier this week, Defence Minister DSU Mohamad Hasan told Parliament that the first LCS – PCU Maharaja Lela – will be delayed by a few months due to the ongoing process of nationalisation of the builder, Boustead Naval Shipyards (BNS). His deputy – Adly Zahari – on Thursday […]

Defence Contract

Further Delays to First LCS

SHAH ALAM: The delay in nationalisation of Boustead Naval Shipyard (BNS) is also causing a delay in resumption of work for the first LCS – PCU Maharaja Lela. Confirming this today in a press conference in Parliament, Defence Minister DSU Mohamad Hasan said work on the first ship will only […]

Parliament

LCS Costs Is Higher, Part 2

SHAH ALAM: As promised earlier, posted below are the full transcript of the speech by Defence Minister DSU Mohamad Hasan on issues of his ministry at Parliament on September 18. Based on the transcript, there is no need to fix the earlier post. Mohamad in his speech spoke on various […]

Defence Contract

LCS Cost Is Higher

SHAH ALAM: IN the previous post on the nationalisation of Boustead Naval Shipyard (BNS), Malaysian Defence speculated that the cost of the project is now RM12.4 billion. This is because Ocean Sunshine Bhd (OSB) – the government owned company set up to take over BNS will be paying the BHIC […]

Defence Contract

Boustead’s BNS Stake Sold For RM1

SHAH ALAM: Boustead Heavy Industries Corporation Bhd (BHIC), the heavy industry arm of Boustead Holdings Bhd, is selling its entire stake in Boustead Naval Shipyard Sdn Bhd (BNS) – the builder of the LCS – for RM1 – to Ocean Sunshine Bhd (OSB). OSB is an indirect unit of Minister […]

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 […]

Airshow

LIMA 2023, A Preview

SHAH ALAM: LIMA 2023, a Preview. LIMA 2023, the 16th edition of the maritime and aerospace show held in Langkawi, starts tomorrow (May 23, 2023). Defence Minister DSU Mohamad Hasan and Transport Minister Anthony Loke is scheduled to open the show later tonight. Both will also grace the opening ceremonies […]

Defence Contract

Seven Tonners Up For Tender

SHAH ALAM: Back in March, Malaysian Defence reported that the Armed Forces will be buying rubber inflatable boats and seven-tonne trucks for flood rescue operations. Defence Minister DSU Mohamad Hasan said the Cabinet has approved an allocation of RM10 million for the ministry to procure the boats and trucks. And […]

Defence Contract

Never Ending Story Part 2

SHAH ALAM: For the third day running (April 4 to 6), Dewan Negara debated on Defence Ministry issues. And for the second day running (April 5 to 6), it was about the LCS project. Defence Minister DSU Mohamad Hasan was in parliament yesterday to answer questions from the senators. It […]