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Aerospace & Defense Industries

Indonesia launches new state holding entity for defense sector

Defend ID signs joint development agreements with French and Turkish companies

Indonesian President Joko Widodo, center with arms crossed, wants his country to "build a strong and modern defense industry." (Photo courtesy of Indonesia's presidential office)

JAKARTA -- Indonesian President Joko Widodo on Wednesday launched a new state-owned holding entity for the defense sector as Jakarta aims to reduce its level of foreign dependence in the procurement of weapons and equipment.

State-owned electronics equipment manufacturer LEN Industri has been appointed as Indonesia's new defense industry holding entity with a new name: Defense Industry Indonesia, or Defend ID. It oversees four other state-owned companies in related sectors. They are shipbuilder PAL Indonesia, aircraft maker Dirgantara Indonesia, explosives producer Dahana and tank and weaponry manufacturer Pindad.

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