Defence Services Asia: Malaysia lacking immediate procurement projects
Although the growth of Southeast Asian economies offer great opportunities to defence companies, no new major procurement programmes are expected for Malaysia in the short-term.
A number of programmes are expected to be postponed until the 11th Malaysia Plan covering government spending for 2016-2020 as the government addresses an increasing public deficit, said John Siddhart, senior aerospace and defence analyst of MarketsandMarkets.
According to government statistics, the defence budget for 2014 is set at RRM16.1 billion ($5 billion) representing a RM900 million increase from the previous year.
‘The key procurement during the 2014 budget includes six Second Generation Patrol Vessel-Littoral
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Defence Services Asia 2014
-
![Defence Services Asia: Matlamat Havelsan MoU untuk meningkatkan keupayaan EW Malaysia]()
Defence Services Asia: Matlamat Havelsan MoU untuk meningkatkan keupayaan EW Malaysia
Havelsan telah bersetuju untuk satu Memorandum of Understanding (MoU) dengan syarikan Malaysia, Impressive Communications, untuk bekerjasama dengan pengurusan pangkalan data dan sistem informasi Electronic Warfare …
-
![Defense Services Asia: Russia advances Malaysia connection]()
Defense Services Asia: Russia advances Malaysia connection
Rosoboronexport courted the Malaysian Armed Forces (MAF) with tanks, attack helicopters, boats, and medium and short-range air-defence systems at the Defence Services Asia (DSA) exhibition …
-
![Defence Services Asia: Monitor-Service debuts Mosquito LTV]()
Defence Services Asia: Monitor-Service debuts Mosquito LTV
Belarus company Monitor-Service has used the Defence Services Asia (DSA) exhibition in Kuala Lumpur to introduce its Mosquito family of Light Tracked Vehicles (LTVs) to …
-
![Defence Services Asia: Keputusan Tentera Laut Diraja Malaysia untuk meninggalkan keupayaan UAV]()
Defence Services Asia: Keputusan Tentera Laut Diraja Malaysia untuk meninggalkan keupayaan UAV
Panglima Tentera Laut Diraja Malaysia, Admiral Tan Sri Aziz Jaafar, telah mengesahkan bahawa 6-ship Second Generation Patrol Vessel – Littoral Combat Ship (SGPV-LCS) yang dirancang …
-
![Defence Services Asia: Malaysia pushes ahead with tactical vehicle masterplan]()
Defence Services Asia: Malaysia pushes ahead with tactical vehicle masterplan
Deftech has agreed to a partnership with US vehicle manufacturer AM General to produce light tactical platforms for the Malaysian Armed Forces (MAF) and law …
-
![Defence Services Asia: Aibot X6 takes flight]()
Defence Services Asia: Aibot X6 takes flight
Aibotix conducted a live demonstration of its Airbot X6 UAV within one of the exhibition halls at Defence Services Asia (DSA) on 14 April. Launched …
