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Malaysia signs important deals at LIMA 2023

Malaysia's Defence Ministry announced on May 26 that it has signed 43 agreements worth 10.1 billion RM (2.2 billion USD) with partner during this year’s 16th Langkawi International Maritime and Aerospace Exhibition (LIMA).
Malaysia signs important deals at LIMA 2023 ảnh 1The agreements are signed at the Langkawi International Maritime and Aerospace exhibition 2023 mô (Photo: tnst.com.my)
Kuala Lumpur (VNA) - Malaysia's Defence Ministry announced on May 26that it has signed 43 agreements worth 10.1 billion RM (2.2 billion USD) withpartner during this year’s 16th Langkawi International Maritime and AerospaceExhibition (LIMA).

They include the purchase of 18 FA-50 light attack aircraftfrom Korea Aerospace Industries (KAI), and four units of Sikorsky's Black Hawkhelicopters to be leased from Malaysian firm Aerotree Defence and Services, theministry said in a statement.

KAI, the Republic of Korea's sole warplane manufacturer, won a bid to supply thejets to Malaysia for about 920 million USD.

The acquisitions come as Malaysia looks to upgrade orreplace several aging military assets. The Government allocated 17.7 billion RMfor the defence ministry under this year's budget, a 10% increase from itsfunding in 2022.

The Royal Malaysian Air Force will also be acquiring threeunmanned aerial systems from Turkish Aerospace Industries, and two maritimepatrol aircraft from Italian firm Leonardo, the ministry added./.
VNA

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