Indonesia seeks foreign lenders for UCAV programmes

The Indonesian Ministry of Finance (MoF) has approved a request from the Indonesian Armed Forces (TNI) to procure unmanned combat aerial vehicles (UCAVs) with foreign loans, and the country is evaluating suitable lenders for this.

The UCAVs are part of a list of 16 programmes for the year for which permission to take on foreign loans has been granted by the MoF, provided that the formal contracts are signed with the Ministry of Defense (MoD) by 31 December 2023, documents provided to Janes indicate.

Approvals to procure the unmanned vehicles have been granted separately for each of the three armed services and include provision for UCAV-mounted munitions.

For the Indonesian Air Force (TNI-AU), the MoF has allowed a loan quantum of up to USD200 million to procure UCAVs and a limit of USD38.115 million for UCAV-mounted munitions.

The Indonesian Ministry of Finance (MoF) has approved a request from the Indonesian Armed Forces (TNI) to procure unmanned combat aerial vehicles (UCAVs) with foreign loans, and the country is evaluating suitable lenders for this.

The UCAVs are part of a list of 16 programmes for the year for which permission to take on foreign loans has been granted by the MoF, provided that the formal contracts are signed with the Ministry of Defense (MoD) by 31 December 2023, documents provided to Janes indicate.

Approvals to procure the unmanned vehicles have been granted separately for each of the three armed services and include provision for UCAV-mounted munitions.

For the Indonesian Air Force (TNI-AU), the MoF has allowed a loan quantum of up to USD200 million to procure UCAVs and a limit of USD38.115 million for UCAV-mounted munitions.