French company agrees to continue negotiations over LCS price

Naval Group, the French company supplying Littoral Combat Ships (LCS) for the Royal Malaysian Navy (TLDM), has agreed to continue negotiations with Boustead Naval Shipyard Sdn Bhd (BNSSB) over price.

In a statement today, the Ministry of Defence said that the agreement over the matter was reached during a meeting held in France.

The meeting was among representatives of the Malaysian Defence Ministry, France’s...