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Some RM 8 billion deals for ‘DSA and NATSEC 2024’

by Adrian David

KUALA LUMPUR, 6th May – Over RM8 billion worth of contracts are expected to be clinched at the ‘18th Defence Services Asia 2024’ and ‘National Security (NatSec) Asia 2024’ exhibition and conference at the Malaysian International Trade and Exhibition Centre.

Of the amount, RM6 billion is targeted by the Defence Ministry, while the Home Ministry believes it can secure RM2.1 billion.

These were jointly divulged by Malaysian Defence Minister Datuk Mohamed Khaled Nordin and its Home Minister Datuk Seri Saifuddin Nasution Ismail for the four-day event that kicked-off on Monday.

The ministers revealed that the event promised a groundbreaking display of defence and security innovations, alongside high-level conferences, that host a record-breaking 1,324 participating companies from 60 countries, occupying a vast 48,000 square metres of space (a 30 per cent increase from the previous edition).

Also included is a town hall session focusing on cybersecurity that is a globally prominent issue.

The event, jointly organised by the Defence and Home Ministries – in collaboration with the Malaysian Armed Forces – has attracted over 50,000 trade visitors from 70 countries.

“Our ministries hope to see the quality and ranking of this exhibition to be upgraded, so people in this part of the world can see that this is one of the most important events in terms of national security for their countries.

“Additionally, there will be forums discussing strategies to bolster national security, address unconventional threats and explore emerging technologies,” Khaled said in tandem with Saifuddin.

He added that this year’s edition marked the third consecutive year that NATSEC Asia was being held concurrently with DSA, aiming to foster wider participation among security professionals and industry stakeholders globally.

The event will highlight new segments such as Future Forces, DSA & NATSEC Asia Lab, unmanned aerial vehicles, drones, robotics and the ‘National Security and Good Governance Conference’ – offering valuable insights into modern warfare strategies, defence technologies and national security approaches.

He revealed that the event involved 34 country group-pavilions, showcasing a diverse representation of developed and develo’ping nations worldwide.

They include from Turkiye, China, Italy, the United States, United Arab Emirates, Iran and Singapore.

The top Malaysian defence and security companies are Advance Defence Systems, AP Engineering, DRB Hicom Defence Technologies, Kemalak Group, Nadicorp, MILDEF International Technologies, Mindmatics Sdn Bhd, OpenApps Sdn Bhd, Sapura Secured Technologies and Weststar Group.

Also taking part are key international players in the defence and security industry, including Airbus Group, BAE Systems, Beretta Defense Technologies BDT, EDGE, Leonardo, MBDA, Sarsılmaz Silah Sanayi, SSM (Turkish Industry Association), Tawazun, TUSAS (Turkish Aerospace Industries) and Yugoimport. – airtimes.my

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