Showing posts with label Singapore. Show all posts
Showing posts with label Singapore. Show all posts

Saturday, February 19, 2011

5.4% Increase in Singaporean Defense Budget

SINGAPORE - Singapore, which has one of Asia's best-equipped militaries, has raised its national defense budget by 5.4 percent this year, according to government data released Feb. 18.
The government plans to spend S$12.08 billion ($9.5 billion) on defense in the 2011 fiscal year, up from S$11.46 billion the year before.
Singapore's navy, army and air force will get S$11.53 billion to buy and maintain military equipment, for the upkeep of camps and for payment of salaries.
The city-state currently has a population of more than 5 million, a quarter of whom are foreigners.
Singapore's economy grew 14.5 percent in 2010, the fastest in Asia. The defense budget is about 5 percent of gross domestic product.

Friday, February 18, 2011

Singapore Military Procures BullsEye

TAIPEI - Singapore's Ministry of Defense will procure the next-generation Super BullsEye II Advanced Weapons Scoring System built by Singapore-based Stratech Systems Limited for $1.14 million. Stratech made the announcement on Feb. 16.
"This contract covers the supply, delivery, installation, testing and commissioning of an integrated bomb and gunnery scoring system," Stratech officials said.
The BullsEye II is an advanced weapons scoring system that fully automates the scoring, recording and management of firing results in weapons training and defense exercises. The system can be used for the army, navy or air force and is configurable for different terrains.
"Stratech has been in the forefront of advanced technologies," said David K.M. Chew, executive chairman. The company is principally engaged in the design, development, integration, implementation, maintenance and project management of information technology and advanced technology systems.
BullsEye is powered by Stratech's proprietary Intelligence Vision technologies, which is a "proven product that has been deployed and currently used by air forces and navies from several countries," according to a company press release. "The automated scoring system is capable of accurately scoring weapons impact day or night for air, sea and land forces and weapons development agencies."
In August 2009, the company sold the BullsEye II system to South Korea.