BHIC to build first littoral combat ship in 2015

KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) expects to build the first littoral combat ship (LCS) early next year, under a RM9bil contract awarded to its associate company.

This, coupled with the group’s growing maintenance, repair and overhaul (MRO) business, will help the company improve its financial performance in the current financial year ending Dec 31, 2014.