Latest news with #LUNAS
The Star
a day ago
- Business
- The Star
LUNAS strengthens strategic collaboration with STM Turkiye
Anwar (centre) witnessing the MoU exchange held in conjunction with the Langkawi International Maritime and Aerospace Exhibition 2025 (LIMA '25), marking a significant milestone in strategic collaboration. LANGKAWI: Lumut Naval Shipyard Sdn Bhd (LUNAS) continues to make strides as a key player in the nation's defence industry with the signing of a Memorandum of Understanding (MoU) with Turkiye's leading defence engineering company, Savunma Teknolojileri Muhendislik ve Ticaret A.S. (STM). This strategic collaboration marks a new chapter in the modernisation of naval military platforms and the development of next-generation vessels. LUNAS chief executive officer Azhar Jumaat said the collaboration not only strengthens the company's technical capabilities but also elevates Malaysia's profile in the global maritime defence arena. 'This partnership reinforces the country's efforts to enhance maritime defence resilience through technology transfer, local capability development and innovation with trusted global partners. 'It positions LUNAS as a more competitive government-linked strategic asset while also supporting the Malaysia Madani aspirations, which focus on modernisation, competitiveness and global engagement in national industrial development.' he said. The MoU exchange was held in conjunction with the Langkawi International Maritime and Aerospace Exhibition 2025 (Lima '25) and was witnessed by the Prime Minister Datuk Seri Anwar Ibrahim. Also present were Defence Minister Datuk Seri Mohamed Khaled Nordin, Turkiye's Defence Industry Agency president Haluk Gorgun, Azhar and STM chief executive officer Ozgur Guleryuz. As a symbolic gesture of the Madani Government's support for the Littoral Combat Ship (LCS) programme, Anwar placed the Jalur Gemilang on a five-meter Bryks model replica displayed at the LUNAS booth. LUNAS, which is wholly owned by the Minister of Finance (Incorporated), is now actively expanding into new sectors including commercial shipbuilding and repair, heavy engineering, and ship recycling, marking its transformation into a diversified maritime and engineering powerhouse.
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
PM Anwar reviews LCS progress at LUNAS; construction reaches 72.43%
LUMUT — Prime Minister Datuk Seri Anwar Ibrahim today visited the Lumut Naval Shipyard (LUNAS) at the Royal Malaysian Navy (RMN) base here to review the progress of the Littoral Combat Ship (LCS) construction. He was accompanied by Deputy Defence Minister Adly Zahari and Chief of Defence Force General Tan Sri Mohd Nizam Jaffar. Anwar also received a detailed briefing on the current progress of the construction of five Littoral Combat Ships (LCS) units for the RMN. The Defence Ministry, in a statement, said that overall progress on the ship construction had reached 72.43 per cent as of May 25. It said that close coordination with key stakeholders, including the Ministry of Finance, Ministry of Economy, the Prime Minister's Department's Implementation Coordination Unit, and the Attorney General's Chambers, is ongoing to enable proactive intervention by LUNAS and ensure the smooth implementation of the project. The ministry also said that Littoral Combat Ship 1 (LCS1) was successfully launched onto the water (downslip) on May 23, in line with the contractual schedule. 'LCS1 has now entered the setting to work (STW) phase as of last month (May) and is scheduled to undergo its first sea sailing in December. 'As for LCS2, it was launched earlier on May 8 and is currently undergoing continued construction, with STW activities planned to begin in September this year,' it said. It also added that construction of LCS3 to LCS5 remains on schedule, with LCS3 expected to be delivered to the RMN in 2027. The subsequent ships will be handed over at eight-month intervals, with final delivery of LCS5 expected in 2029. — BERNAMA
The Sun
2 days ago
- Business
- The Sun
PM Anwar reviews LCS progress at LUNAS; construction reaches 72.43%
LUMUT: Prime Minister Datuk Seri Anwar Ibrahim today visited the Lumut Naval Shipyard (LUNAS) at the Royal Malaysian Navy (RMN) base here to review the progress of the Littoral Combat Ship (LCS) construction. He was accompanied by Deputy Defence Minister Adly Zahari and Chief of Defence Force General Tan Sri Mohd Nizam Jaffar. Anwar also received a detailed briefing on the current progress of the construction of five Littoral Combat Ships (LCS) units for the RMN. The Defence Ministry, in a statement, said that overall progress on the ship construction had reached 72.43 per cent as of May 25. It said that close coordination with key stakeholders, including the Ministry of Finance, Ministry of Economy, the Prime Minister's Department's Implementation Coordination Unit, and the Attorney General's Chambers, is ongoing to enable proactive intervention by LUNAS and ensure the smooth implementation of the project. The ministry also said that Littoral Combat Ship 1 (LCS1) was successfully launched onto the water (downslip) on May 23, in line with the contractual schedule. 'LCS1 has now entered the setting to work (STW) phase as of last month (May) and is scheduled to undergo its first sea sailing in December. 'As for LCS2, it was launched earlier on May 8 and is currently undergoing continued construction, with STW activities planned to begin in September this year,' it said. It also added that construction of LCS3 to LCS5 remains on schedule, with LCS3 expected to be delivered to the RMN in 2027. The subsequent ships will be handed over at eight-month intervals, with final delivery of LCS5 expected in 2029.
The Sun
2 days ago
- Business
- The Sun
LCS construction reaches 72.43%
LUMUT: Prime Minister Datuk Seri Anwar Ibrahim today visited the Lumut Naval Shipyard (LUNAS) at the Royal Malaysian Navy (RMN) base here to review the progress of the Littoral Combat Ship (LCS) construction. He was accompanied by Deputy Defence Minister Adly Zahari and Chief of Defence Force General Tan Sri Mohd Nizam Jaffar. Anwar also received a detailed briefing on the current progress of the construction of five Littoral Combat Ships (LCS) units for the RMN. The Defence Ministry, in a statement, said that overall progress on the ship construction had reached 72.43 per cent as of May 25. It said that close coordination with key stakeholders, including the Ministry of Finance, Ministry of Economy, the Prime Minister's Department's Implementation Coordination Unit, and the Attorney General's Chambers, is ongoing to enable proactive intervention by LUNAS and ensure the smooth implementation of the project. The ministry also said that Littoral Combat Ship 1 (LCS1) was successfully launched onto the water (downslip) on May 23, in line with the contractual schedule. 'LCS1 has now entered the setting to work (STW) phase as of last month (May) and is scheduled to undergo its first sea sailing in December. 'As for LCS2, it was launched earlier on May 8 and is currently undergoing continued construction, with STW activities planned to begin in September this year,' it said. It also added that construction of LCS3 to LCS5 remains on schedule, with LCS3 expected to be delivered to the RMN in 2027. The subsequent ships will be handed over at eight-month intervals, with final delivery of LCS5 expected in 2029.
Barnama
2 days ago
- Business
- Barnama
PM Anwar Reviews LCS Progress At Lunas; Construction Reaches 72.43 Pct
GENERAL LUMUT, June 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today visited the Lumut Naval Shipyard (LUNAS) at the Royal Malaysian Navy (RMN) base here to review the progress of the Littoral Combat Ship (LCS) construction. He was accompanied by Deputy Defence Minister Adly Zahari and Chief of Defence Force General Tan Sri Mohd Nizam Jaffar. Anwar also received a detailed briefing on the current progress of the construction of five Littoral Combat Ships (LCS) units for the RMN. The Defence Ministry, in a statement, said that overall progress on the ship construction had reached 72.43 per cent as of May 25. It said that close coordination with key stakeholders, including the Ministry of Finance, Ministry of Economy, the Prime Minister's Department's Implementation Coordination Unit, and the Attorney General's Chambers, is ongoing to enable proactive intervention by LUNAS and ensure the smooth implementation of the project. The ministry also said that Littoral Combat Ship 1 (LCS1) was successfully launched onto the water (downslip) on May 23, in line with the contractual schedule. 'LCS1 has now entered the setting to work (STW) phase as of last month (May) and is scheduled to undergo its first sea sailing in December. 'As for LCS2, it was launched earlier on May 8 and is currently undergoing continued construction, with STW activities planned to begin in September this year,' it said. It also added that construction of LCS3 to LCS5 remains on schedule, with LCS3 expected to be delivered to the RMN in 2027. The subsequent ships will be handed over at eight-month intervals, with final delivery of LCS5 expected in 2029.
