Boustead Holdings Bhd announced today that its subsidiary Boustead DCNS Naval Corporation Sdn Bhd has secured a contract to provide in service support for the two Royal Malaysian Navy's Prime Minister Class Scorpene submarines.The contract worth RM785.5 million and RM532 million and is effective for a period ending Nov 30, 2015, the company said in a filing to Bursa Malaysia, according to Bernama.
Boustead Holdings said the contract included a full submarine integrated logistics support package which consisted of a comprehensive spare parts package as well as the outfitting of workshop equipment, respective yard facilities and equipment, submarine safety conditioning facilities and their corresponding upkeep and maintenance.
The contract also covered tugboat services and the operation and maintenance of the shiplift, transfer system and submarine "umbilical services", it added.
The cost of the contracts were significantly higher than what was previous rumoured and raised in Parliament.
"A claim that DCNS (France shipbuilder) had offered a three-year contract worth RM30 million to Boustead Naval Corporation Sdn Bhd is slander and baseless," Defence Minister Ahmad Zahid Hamidi told Parliament on June 8.
courtesy of Malaysiakini
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