JAKARTA (Reuters): Indonesia's defence ministry said on Wednesday (Sept 13) it has signed an agreement to buy a submarine rescue vessel for US$100 million from a British company, the latest move to modernise the South-east Asian country's ageing military equipment.
The deal between a company appointed as the defence ministry's partner, PT BTI Indo Tekno, vessel producer Submarine Manufacturing & Products Ltd and Houlder Ltd was signed on Tuesday on the sidelines of a defence expo in London.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
