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| Missile Corvette by DSME for the RMN |
The Royal Malaysian Navy (RMN) has requested $2.9bn in funding under the 11th Malaysia Plan 2016-2020 for 36 programmes, which are anticipated to boost the capabilities of the RMN in coming years, says a report by Strategic Defence Intelligence (SDI).
Titled 'Future of the Malaysian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2021', the report provides insights of the Malaysian defence strategies.
Malaysia's major acquisition programmes include the construction of eight missile corvettes, six anti-submarine warfare (ASW) helicopters and small boats, as well as the replacement of outdated missiles and torpedoes.
Read the full story at Naval Technology