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Old 11th September 2014, 07:22 PM  
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Default BHIC Gts Formal Contract to Service Scorpene Submarines

BHIC Gts Formal Contract to Service Scorpene Submarines

KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd (BHIC) announced it has received a formal contract to provide in service support (ISS) for two Royal Malaysian Navy's Prime Minister Class Scorpene submarines.

In a statement today, BHIC said its subsidiary, Boustead DCNS Naval Corporation Sdn Bhd had earlier received a letter of award (LOA) on Aug 13, 2010 from Government of Malaysia to undertake the ISS contract worth 193 million euro and RM532 million and was effective till Nov 30, 2015.

The contract included a full submarine integrated logistics support package, consisting of a comprehensive spare parts package as well as the outfitting of workshop equipment, respective yard facilities and equipment, submarine safety conditioning facilities and their corresponding upkeep and maintenance.

The contract also covered tugboat services and the operation and maintenance of the shiplift, transfer system and submarine "umbilical services".

BHIC said there was no difference between the substance of the formal contract and the LOA.
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