Photo: Z3144228 / Wikimedia Commons.
BHIC AeroServices Sdn Bhd, a subsidiary of Boustead Heavy Industries Corporation Bhd (BHIC), has been awarded a five-year contract worth MYR 378 million by the Ministry of Defence (MinDef) to provide in-service support (ISS) for the Royal Malaysian Air Force’s (RMAF) EC725 helicopters.
The contract, which was formalised upon acceptance and signing of the letter of award by BHIC AeroServices, includes a range of maintenance, repair, and overhaul (MRO) services for the MYR AF’s fleet.
The company is a joint venture involving BHIC’s wholly-owned subsidiary, BHIC Defence Technologies Sdn Bhd, holding 51% equity, Prestige Pillar Sdn Bhd with 30%, and Airbus Helicopter Malaysia Sdn Bhd with 19%.
BHIC anticipates that this contract will have a positive impact on its financial performance from 2024 to 2029.
Sevvale Sarvaesvaran, CEO of BHIC AeroServices, stated that the contract demonstrates MinDef’s confidence in the company’s capabilities as a preferred MRO centre for Airbus EC725 helicopters in Malaysia. He noted that the agreement would further enhance BHIC AeroServices’ role in providing MRO services for Airbus Helicopter products.
BHIC CEO Feroz Razi Ramli added that the contract reflects the government’s trust in the group’s ability to maintain military assets, and he expects it to contribute positively to the group’s earnings over the next five years, reinforcing its financial stability and growth prospects.
In July 2023, MinDef also awarded BHIC AeroServices a supplementary 12-month extension contract, valued at MYR 115.3 million, for continued maintenance and spare parts supply for the same helicopters. This extension covers the period from 1 April 2023 to 31 March 2024.
BHIC AeroServices operates from its facility at the Malaysian International Aerospace Centre in Subang, Selangor, which serves as the only one-stop Airbus Helicopter Service Centre in Malaysia. The centre offers comprehensive MRO services, including maintenance, spare parts sales, refurbishment, modification, technical support, and training.
The Bali International Airshow 2024 is set to mark Indonesia's return to the global airshow scene after three decades, underscoring…
Indonesian state-owned defence company PT Pindad, introduced its latest developments in counter-drone technology: the SPS-1 anti-drone rifle and the MV3…
The Defence Technology Institute (DTI) of Thailand has handed over a prototype of the D11A Multiple Rocket Launcher (MRL) to…
Lockheed Martin has signed a definitive agreement to acquire Terran Orbital, a company known for its satellite-based solutions in the…
All Nippon Airways (ANA) will begin showing Pokémon-themed in-flight safety and disembarkation videos, created in collaboration with the Pokémon Company,…
Cebu Pacific has announced the resumption of its international flights between Davao and Hong Kong, and Iloilo and Singapore, later…
AirAsia has announced a new route to Port Blair, Andaman Islands, India, enhancing connectivity between Singapore and India through its…
The Japan Coast Guard (JCG) has signed a contract for the purchase of two SeaGuardian Remotely Piloted Aircraft (RPA) from…
Archer Aviation and Future Flight Global have announced an agreement focused on the deployment of electric vertical take off and…
Singapore Airlines (SIA) has announced plans to increase flight frequencies and passenger capacity across its network for the 2025 Northern…
Etihad Cargo and Teleport, the logistics arm of AirAsia, have entered into a partnership aimed at increasing cargo capacity and…
SalamAir, Oman’s low-cost airline, has announced the launch of its latest promotion, the "Low Fare Mega Sale," offering discounted fares…
On 13 August 2024, the Düsseldorf-based Rheinmetall Group signed an agreement to acquire all equity interests in Loc Performance Products,…
MRO services provider AAR hosted an internship graduation ceremony on Aug. 8 for the 10 high school students who spent…
The Polish Government has finalised a Foreign Military Sales (FMS) Letter of Offer and Acceptance (LOA) to acquire 96 Boeing…
Korean Air and U.S. defence contractor L3Harris Technologies recently hosted an 'L3 Industry Day' at the Air Force Hotel in…
Worldwide Flight Services (WFS), part of the SATS Group, has secured a five-year licence to manage ramp handling operations at…
Elbe Flugzeugwerke GmbH (EFW), a joint venture between ST Engineering and Airbus, has been granted Continuing Airworthiness Management Organisation (CAMO)…
Walter Cho, Chairman and CEO of Korean Air and Hanjin Group, has been honoured with the top management award by…
airBaltic has placed an order for an additional 10 Airbus A220-300 aircraft, bringing its total order to 90. This marks…
The Israel Ministry of Defense, in collaboration with the Tehkumah Authority, the IDF, and the Hof Ashkelon Regional Council, has…
Virgin Australia has finalised an agreement with Embraer for the purchase of eight E190-E2 small narrowbody aircraft, as part of…
The French Navy's CAMCOPTER S-100 Unmanned Air System (UAS) Squadron was deployed to ensure the security of the waters surrounding…
Air Transport Services Group (ATSG) subsidiary Cargo Aircraft Management (CAM) has leased a Boeing 767-300 converted freighter to New York-based…
Advanced air mobility (AAM) company Volocopter has conducted the world's first electric vertical take-off and landing (eVTOL) flight test within…
Lockheed Martin delivered the first of five C-130J Super Hercules tactical airlifters to the New Zealand Ministry of Defence and…
In June, U.S. Army Special Operations Aviation Command (USASOAC) awarded Boeing a $115 million contract to produce two more MH-47G…
Scoot, the low-cost subsidiary of Singapore Airlines (SIA),will receive its third and fourth Embraer E190-E2 aircraft in Singapore in September…
Ramiro Alfonsín will assume the role of Chief Commercial Officer, LATAM Airlines Group, from Nov. 7. He was earlier Vice…
U.S. and Netherlandshave formalized a Letter of Offer and Acceptance (LoA) agreement to purchase Lockheed Martin’s Joint Air-to-Surface Standoff Missile…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2024 GBP all rights reserved.