Aero-News Network: The aviation and aerospace world's daily/real-time news and information service
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Hide/Show Archive Navigation.

All News

June 02, 2023

Malaysia's Choice to Lease Military Aircraft Portent of Things to Come?

Ministry of Defence Opts to Rent Combat Aircraft to Replace Aging Sea King Fleet

The Malaysian Ministry of Defence has announced a deal to lease a quartet of Sikorsky UH-60A Black Hawk helicopters from Aerotree Defence & Services of Kuala Lumpur. The deal is somewhat unorthodox to see in the defense industry, where the vast majority of armies and air forces opt to own their aircraft outright, but the costs may just be the overriding benefit for the service, costing only $40.4 million US throughout a period of 5 years. Exactly what that amount entails is unknown, but, with the right support services and benefits it's not too unlikely that it's a better deal than the country could get buying so few aircraft outright.

Read More




Advertisement

Advertisement

Podcasts

AeroTwitter

© 2007 - 2024 Web Development & Design by Pauli Systems, LC