Malaysia’s defence budget sets out major procurement goals for 2026
The country has allocated RM21.70 billion for defence spending next year, with some major procurements set to be initiated across the country’s army, navy and air force.
Nordic Aviation Capital (NAC) has completed the purchase of five ATR 72-500s from ATR’s asset management arm, ATRiam Capital, with leases attached to Lufthansa, whose subsidiary Air Dolomiti is operating the aircraft.
The move follows NAC’s announcement on 4 February of the purchase of one ATR 42-500 aircraft, also from ATRiam.
Nordic Aviation Capital has its principal headquarters in Billund, Denmark, complemented by regional offices in the US, Ireland, France, Switzerland and Singapore. It is currently the largest independent turboprop lessor in the world with a fleet of more than 130 aircraft including ATR 42 and 72, Bombardier Dash 8 and CRJ 200, Boeing 737 and MD-83, Fokker 50 and Saab 2000 aircraft.
The country has allocated RM21.70 billion for defence spending next year, with some major procurements set to be initiated across the country’s army, navy and air force.
The US Government Accountability Office recently released two reports; one into the availability of selected equipment and another looking at how the government gets data and intellectual property rights through contracting.
The Canadian Department of National Defence has been increasing efforts to accelerate the acquisition of new equipment and modernise its in-service inventory.
The partnership with the US airframer will see Palantir’s AI software leveraged to help streamline data analytics across Boeing’s 12 factories on defence and classified programmes.
DroneShield disclosed to Shephard its plans to increase its workforce and manufacturing capacities while strengthening partnerships with US suppliers.
The technology organisation is expecting a significant rise in the number of staff working across robotics and digital solutions as it becomes more of a focal point.