KUALA LUMPUR - The Malaysian Ministry of Defense announced 40 defense agreements worth RM7.3 billion ($1.5 billion) the Defense Services Asia (DSA) and National Security (NatSec) Asia 2024 exhibition. The agreements include seven contracts worth RM1.9 billion ($405.7 million), 10 memorandums of understanding with a potential value of RM280 million ($59.8 million), 17 letters of acceptance worth RM3.3 billion ($704.7 million), and four letters of intent worth RM1.8 billion ($384.4 million).
The Army is slated to receive 18 anti-tank guided weapon - medium range (ATGW-MR) from an unspecified Turkish manufacturer, which will be used by infantry battalions.
The Royal Malaysian Air Force will receive a new air surveillance radar and air traffic control system to help monitor and control Malaysian airspace.
The government also signed maintenance agreements for the Royal Malaysian Navy's surface fleet, submarines, and helicopters. Contracts were also signed to continue refit work for three vessels, the KD Jebat frigate, the KD Perak corvette, and the KD Baung fast gunboat.
Notable LOIs include a RM392 million deal with Global Turbine Asia Sdn Bhd for floating pressure turbines for A400M aircraft, and a RM378 million agreement with BHIC Aeroservices Sdn Bhd for in-service support of the Airbus H225M (EC 725) long-range tactical transport helicopter.