Boustead Heavy Industries Corp Bhd's (BHIC) subsidiary, BHIC Defence TechServices Sdn Bhd (BDTS) has been awarded a weapons maintenance contract worth RM3.7million by the Royal Malaysian Navy.
A formal contract between the Ministry of Defense, Malaysia and BDTS will be signed at a later date, effective for three years.
BHIC's managing director and executive deputy chairman, Tan Sri Ahmad Ramli Mohd Nor said in a statement yesterday: "The defence industry is vital in defending the nation and maintenance of critical assets is an essential component of that objective. We are pleased to be entrusted with this vital task." (The Sun)