Defense group BAE to expand in Malaysia

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BAE-Systems-officeUK-based global defense, aerospace and security company BAE Systems said it plans to make Malaysia its global delivery hub for the group’s security solutions business by 2015. It will set up a facility that will serve as the engineering center for the company’s cyber security solutions products. The center will also serve customers in the entire Southeast Asian region.

“We see our business doing very well in the global security market and we are expecting double-digit growth globally. We see the facility here as a key part of our global and regional strategy,” managing director Martin Sutherland of BAE Systems Detica, the group’s cyber security arm, said.

To kick off the initiative, Sutherland said the company has recruited some 100 employees, 99 per cent of whom are locals. The workforce will be bumped up to 300 in 2014.

“We plan to employ 30 skilled information-technology graduates from local universities via our graduate recruitment programme,” Sutherland said, adding that the facility will become a global resource center for the group.

Having been in the country for over 40 years, mainly in the aerospace and defense sectors, BAE has developed good relationship with the Malaysian government, Sutherland said.

He added that cyber security has become a “serious concern” not only for business players but also governments the world over. In Malaysia, CyberSecurity Malaysia reported that the damage from known cybercrime has reached more than $317 million in the first six months of 2013, compared with $350 million for the whole of 2012. The number of cyber attacks in the county has been rising at an alarming rate with more than 8,500 incidents reported in 2013 to date. There were fewer than 10,000 incidents reported in 2012.

BAE is one of the biggest cyber security solutions providers in the US, Canada, Australia and Europe. In Malaysia, the company is the leading provider for anti-money laundering solutions provider, catering to five out of six major banks in the country. It is also currently working with two major telcos in the country and various government agencies.

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Reading Time: 2 minutes

UK-based global defense, aerospace and security company BAE Systems said it plans to make Malaysia its global delivery hub for the group’s security solutions business by 2015. It will set up a facility that will serve as the engineering center for the company’s cyber security solutions products. The center will also serve customers in the entire Southeast Asian region.

Reading Time: 2 minutes

BAE-Systems-officeUK-based global defense, aerospace and security company BAE Systems said it plans to make Malaysia its global delivery hub for the group’s security solutions business by 2015. It will set up a facility that will serve as the engineering center for the company’s cyber security solutions products. The center will also serve customers in the entire Southeast Asian region.

“We see our business doing very well in the global security market and we are expecting double-digit growth globally. We see the facility here as a key part of our global and regional strategy,” managing director Martin Sutherland of BAE Systems Detica, the group’s cyber security arm, said.

To kick off the initiative, Sutherland said the company has recruited some 100 employees, 99 per cent of whom are locals. The workforce will be bumped up to 300 in 2014.

“We plan to employ 30 skilled information-technology graduates from local universities via our graduate recruitment programme,” Sutherland said, adding that the facility will become a global resource center for the group.

Having been in the country for over 40 years, mainly in the aerospace and defense sectors, BAE has developed good relationship with the Malaysian government, Sutherland said.

He added that cyber security has become a “serious concern” not only for business players but also governments the world over. In Malaysia, CyberSecurity Malaysia reported that the damage from known cybercrime has reached more than $317 million in the first six months of 2013, compared with $350 million for the whole of 2012. The number of cyber attacks in the county has been rising at an alarming rate with more than 8,500 incidents reported in 2013 to date. There were fewer than 10,000 incidents reported in 2012.

BAE is one of the biggest cyber security solutions providers in the US, Canada, Australia and Europe. In Malaysia, the company is the leading provider for anti-money laundering solutions provider, catering to five out of six major banks in the country. It is also currently working with two major telcos in the country and various government agencies.

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