<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 11): Boustead Heavy Industries Corporation Bhd (BHIC) announced it has secured a "Contract for the Second Generation Patrol Vessels/ Littoral Combat Ships" (LCS Programme) from the government.</p></div>

<div class=newsTextDataWrapInner><p>In a statement to Bursa Malaysia, the maritime and defence solutions provider said it had today via its unit Contraves Advanced Devices Sdn Bhd (CAD) received a Letter of Award (LOA) from Boustead Naval Shipyard Sdn Bhd (BNS).</p></div>

<div class=newsTextDataWrapInner><p>“The LOA awards to CAD contracts is to supply the Torpedo Launching System for the LCS Programme,” said BHIC, adding that other details are classified.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“These contracts are not expected to have a material impact on the earnings for the financial year ending Dec 31, 2013, but will contribute positively to future years’ earnings as its tenure is for the long term.”</p></div>

<div class=newsTextDataWrapInner><p>The statement noted BNS was given the Letter of Acceptance by the government.</p></div>

<div class=newsTextDataWrapInner><p>BNS is an associate company of BHIC and a subsidiary of Boustead Holding Bhd, it added.</p></div><div class=newsTextDataWrapInner><p><br /></p></div><div class=newsTextDataWrapInner><p><br /></p></div>

KUALA LUMPUR (Nov 11): Boustead Heavy Industries Corporation Bhd (BHIC) announced it has secured a "Contract for the Second Generation Patrol Vessels/ Littoral Combat Ships" (LCS Programme) from the government.

In a statement to Bursa Malaysia, the maritime and defence solutions provider said it had today via its unit Contraves Advanced Devices Sdn Bhd (CAD) received a Letter of Award (LOA) from Boustead Naval Shipyard Sdn Bhd (BNS).

“The LOA awards to CAD contracts is to supply the Torpedo Launching System for the LCS Programme,” said BHIC, adding that other details are classified.

“These contracts are not expected to have a material impact on the earnings for the financial year ending Dec 31, 2013, but will contribute positively to future years’ earnings as its tenure is for the long term.”

The statement noted BNS was given the Letter of Acceptance by the government.

BNS is an associate company of BHIC and a subsidiary of Boustead Holding Bhd, it added.

BHIC awarded defence contract

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