KONTAN.CO.ID - JAKARTA. Indonesia's defence ministry said on Wednesday it has signed an agreement to buy a submarine rescue vessel for $100 million from a British company, the latest move to modernise the Southeast Asian country's ageing military equipment. The deal between a company appointed as the defence ministry's partner, PT BTI Indo Tekno, vessel producer Submarine Manufacturing & Products Ltd and Houlder Ltd was signed on Tuesday on the sidelines of a defence expo in London. It's the latest in a series of big-ticket military purchases that have raised eyebrows in Indonesia, among them 42 Dassault Rafale fighter jets for $8.1 billion, 12 new drones from Turkish Aerospace worth $300 million, and 12 used Mirage 2000-5 fighter jets worth $800 million.
Indonesia Buys UK Submarine Rescue Vessel in $100 mln Deal
KONTAN.CO.ID - JAKARTA. Indonesia's defence ministry said on Wednesday it has signed an agreement to buy a submarine rescue vessel for $100 million from a British company, the latest move to modernise the Southeast Asian country's ageing military equipment. The deal between a company appointed as the defence ministry's partner, PT BTI Indo Tekno, vessel producer Submarine Manufacturing & Products Ltd and Houlder Ltd was signed on Tuesday on the sidelines of a defence expo in London. It's the latest in a series of big-ticket military purchases that have raised eyebrows in Indonesia, among them 42 Dassault Rafale fighter jets for $8.1 billion, 12 new drones from Turkish Aerospace worth $300 million, and 12 used Mirage 2000-5 fighter jets worth $800 million.