Malaysia strengthens defense with contracts worth $1.5 billion

Malaysia’s Ministry of Defense (MINDEF) is strengthening the country’s defense capabilities through a series of contracts worth RM7.3 billion ($1.5 billion).

At the same time, a promising partnership is emerging with South Korea’s Hanwha Aerospace, marking a potential leap into Malaysia’s military technology landscape.

MINDEF concluded 40 deals at the Defense Services Asia (DSA) Exhibition & Conference 2024 and National Security (NATSEC) Asia 2024.

The Malaysian Army will benefit from 18 units of Anti-Tank Guided Weapon – Medium Range (ATGW-MR) from Türkiye, boosting the infantry battalion’s capabilities. Meanwhile, the Royal Malaysian Air Force (RMAF) is gearing up for a technology overhaul, replacing its air surveillance radar (ASR) and air traffic management system in a bid to ensure airspace sovereignty and modernized air traffic services.

The Royal Malaysian Air Force recently benefited from Lockheed Martin and Boeing signing an $80 million contract with Malaysia to purchase ten AN/AAQ-33 Sniper Advanced Targeting Pods to support the F/A-18D platform. modernize. The deal, approved by the US Department of State, highlights US support for its partners in the Indo-Pacific region.

In addition, the Royal Malaysian Navy (RMN) has secured contracts to refit ships such as the KD JEBATK.D PERAKand K.D BAUNG. In addition, there is an in-service support contract for it Prime Ministers class of submarines indicate a proactive attitude toward maintaining mission safety and operational availability.

Amid these developments, Hanwha Aerospace’s entry onto the Malaysian defense stage is sparking intrigue. The South Korean defense giant, known for its Chunmoo Multiple Rocket Launcher System (MRLS), has signed a cooperation agreement with Widad Business Group, a Malaysian investment company. This collaboration is promising for Malaysia’s MRLS acquisition program, which aims to replace aging fleet systems by 2026.

The K239 Chunmoo MRLS, with its track record in several countries, offers a solution to Malaysia’s defense needs. Can fire a range of rockets and missiles, including the 290 km CTM-290 ballistic missile.

Malaysia has a short history of acquiring military equipment from Hanwha Defense, purchasing 111 K200A1 armored personnel carriers between 1993 and 1995, according to GlobalData’s “Malaysia Defense Market 2023-2028” report.

Tan Sri Dato Muhammad lkmal Opat Abdullah, Chairman of Widad Business Group, expressed his confidence in Hanwha Aerospace and foresees a fruitful cooperation. Similarly, Hanwha Aerospace Executive Vice President Go Sang-hwe emphasized the company’s commitment to enhancing Malaysia’s military capabilities through joint efforts.