Indonesia invests £128M in submarine rescue systems amid fleet expansion

Indonesia is ramping up efforts to bolster its underwater capabilities with a £128 million financing initiative for advanced submarine rescue systems. Two UK firms, Submarine Manufacturing and Products Ltd (SMP) and Forum Energy Technologies Ltd (FET), will supply critical equipment under loan guarantees backed by UK Export Finance. SMP's contract includes a 50-person rescue vehicle and its mothership, while FET will deliver a system rated for operations at depths of 610 meters. Both contracts i