Stretched RMN Seeks Funds for New Corvettes, Helicopters

08 Agustus 2014

RMN need new corvettes and helicopters (photo : pinterest)

The Royal Malaysian Navy (RMN) has requested funding for a number of major procurement programmes that include the acquisition of new corvettes and helicopters and upgrades to existing RMN ships.

The service will be submitting its request list for funding consideration by the Malaysian government under the 11th Malaysia Plan (2016-20), RMN sources have told IHS Jane's . The plan, which is scheduled to be announced in June 2015, lays out Malaysia's economic development and government spending for the second half of the decade.

However, the RMN sources stated that it was uncertain as to whether any of the programmes would be approved given the Malaysian government's past statements noting that funding was tight.

(Jane's)