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12 May 2009

Singapore invites bids for $340m defence deal

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Singapore's government has invited bids on the Advance Jet Trainer project, which could cost S$500 million ($343 million) over 20-25 years, Reuters reported, quoting Basis Point.

Singapore's ST Engineering said it is bidding for the project, but declined to give details of the bid.

Basis Point said another potential bidder was a consortium that includes US Lockheed Martin Corp.

"PricewaterhouseCoopers is the project adviser for Defence Science & Technology Agency, a unit of Singapore's Ministry of Defence," Basis Point said.

"The winning bidder will be responsible for the delivery, operation and maintenance of training aircraft, flight simulators and training facilities throughout the life of the contract, which is expected to be for 20-25 years."

Neither DSTA nor Lockheed Martin were immediately available for comment.










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