One of the major deals that was expected to be sealed during this year's edition of Lima, but failed to materialise, involved the government's contract for the purchase of the Eurocopter EC-725 Cougar Combat Search and Rescue (CSAR) helicopter.The goverment, according to Prime Minister Datuk Seri Najib Tun Razak, who is also the Finance Minister, needed to work out its financial capabilitity and affordability.
Friday, December 11, 2009
Quiet Affairs For Armed Forces During LIMA 2009
LANGKAWI, Dec 6 (Bernama) -- The just-concluded Langkawi International Maritime and Aerospace exhibition (Lima 2009) proved to be a quiet affair for the armed forces, especially for the navy and air force. Due to the crunching impact of the global financial crisis, the government had had to slash its defence spending, forcing it to defer several major arms procurements.