Navy to receive first Littoral Combat Ship in 2025 - Hishammuddin

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The Royal Malaysian Navy (RMN) will receive its first Littoral Combat Ship (LCS) in 2025, said Defence Minister Hishammuddin Hussein.He said he took an inclusive approach by engaging with all the stakeholders such as the Armed Forces Fund Board (LTAT) and Boustead Holdings Bhd to address the issues in the procurement of the LCS.He said the settlement initiatives outlined two main components, namely, corporate restructuring and fundraising, which also involved discussions with the Finance Ministry and the Economic Planning Unit in the Prime Minister’s Department.“Currently, the Defence Ministry is in the final stages of the negotiation to prepare the recovery plan. The workshops involving all the stakeholders for the LCS recovery plan were also held to ensure comprehensive recovery recommendations before bringing these up again to the cabinet for approval and further action,” h…