This blog will be a repository of the postings of a military nature from my other blog and new ones since then, especially about the Malaysian Military in particular. Hopefully such knowledge about the hardworking men and women who tirelessly work for the security of Malaysia will be acknowledged and appreciated in this way.
"We sleep soundly in our beds because rough men stand ready in the night to visit violence on those who would do us harm."
- Winston Churchill
Monday, October 28, 2013
Transparency Is There, But Do You Check Before You Allege?
Just as a social experiment. I has listed the announced systems purchased for the SGPV/LCS in my military forum but despite linking the site where the official announcements were made, I understand that in some forums some 'wise' forumers has gone ballistic by saying that the amount we are paying is too much for the systems listed based on the program price.
I wonder if they checked out the KLSE Announcements page where the purchase prices for the systems was announced before shooting off that the project is overpriced.
1. BAE Systems Bofors Medium Calibre
Gun 57 Mk3 with Stealth Cupola complete with simulator and ammunition
range table = Swedish Krona Three Hundred Seventy Five Million
(SEK375,000,000), which is equivalent to Ringgit Malaysia One Hundred
Eighty Two Million Two Hundred and Fifty Thousand (RM182,250,000). ==> source
(i) Thales Underwater Systems CAPTAS Towed Array Sonar complete with simulators 287,019,200.00 (ii) Thales Nederland BV SMART-S Main Surveillance Radar with simulators 227,970,252.00
3. to supply MSI Defence Systems Limited
30mm Small Calibre Guns for the LCS Programme (“the Awarded Works”) at a
total value of GBP17,290,916 (Great Britain Pounds Seventeen Million
Two Hundred Ninty Thousand Nine Hundred and Sixteen) equivalent to RM87,729,508 at 28 Oct. 2013 Exchange Rate : ===> source
4. to procure, engineer and integrate into
the DCNS SETIS Combat Management System, a Combined Integrated
Communication System and Communication ESM System ("the Awarded Works")
at a total value of RM203,796,392.58 : ==> source
5. to undertake procurement, engineering and
integration of additional equipment and facilities for the DCNS SETIS
Combat Management System ("the Awarded Works") at a total value of
RM305 million: ===> source
6. to undertake engineering and
integration works in connection with the DCNS SETIS Combat Management
System (‘the CMS”), together with procurement of the CMS and the
Rheinmetall Fire Control System (“the Awarded Works”) at a total ceiling
contract sum of RM1.532 billion : ==> source
Taking into account the figures given, the systems value of the amount purchase officially announced already touched RM2.825 billion out of the total contract value where many more system prices are yet to be announced.
So how can you say something is overpriced when you still do not know the whole total cost breakdown, I ask you. As usual somebody did not do their homework before shooting off their mouths.