A Republic of Singapore Air Force Super Puma helicopter lands on the Singapore warship RSS Endurance during a search and rescue operation in the Singapore Strait, about 30 km (19 miles) east of the city state, on January 6, 2003. REUTERS/Jonathan Drake/File Photo
SINGAPORE (Reuters) - Singapore will soon pick the winner of a $1 billion (687 million pound) tender for military utility helicopters, the first of several lucrative deals the island nation is pursuing as it modernises its air force and navy amid rising tensions in the region.
With Southeast Asia’s largest defence budget, Singapore is a key prize for global arms companies as it looks to invest in new technology and replace ageing equipment.
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