Indonesian defense company (Defend ID) revenue in 2022 reached 5.4 billion USD

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5.4 billion USD is in the form of contract value and many of the contract hasnt translated into effective contract last year. This statement is needed to clarify the title I have written which I admit is wrong.

 

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Defend ID Pockets IDR 19.7 Trillion in Revenue in 2022​

Screenshot, Director of Holding Defend ID and President Director of Len Industri Bobby Rasyidin

Reporter: Maria Alexandra Fedho
Editor: Editor
January 26, 2023


Iconomics - Defense Industry Holding Defend ID conveyed the realization of revenue in 2022 to Commission VI of the House of Representatives during the Hearing Meeting (RDP). Director of Holding Defend ID and President Director of Len Industri Bobby Rasyidin explained that the portion of revenue from the defense product line is greater when compared to non-defense ones.

The realization of defense revenue reached IDR 9.94 trillion in 2022 or 50.5% of all revenue. Meanwhile, non-defense reached IDR 9.76 trillion or around 49.5%.

He also explained that Len Industri's revenue in defense electronics products reached IDR 1.35 trillion. This achievement increased by 36.9% compared to 2021. In weapons, ammunition, special vehicles reached IDR 3.9 trillion. This value has increased by 27.7% compared to 2021.

Revenue from warship products reached IDR 2.24 trillion, this revenue increased by 39.8% compared to 2021. Net Profit from defense related is around IDR 70 billion, an increase of 7.5% compared to 2021. However, aircraft and helicopter products only reached IDR 2.36 trillion or experienced a decrease of 5% compared to 2021.

In the non-defense sector in the form of railway signaling, renewable energy, ICT, and navigation systems, it pocketed revenues of IDR 3.41 trillion. This number is 10.2% lower than in 2021. Revenue for heavy equipment, mining services and infrastructure amounted to IDR 2.44 trillion while general engineering or harkan reached IDR 300 billion. Revenue from explosive manufacturing, drilling and blasting related services reached IDR 3.31 trillion or 74.8% higher than 2021. The revenue from engineering services, aerostructures, product support services amounted to IDR 310 billion, which decreased by 23.9% in 2021.

Bobby also revealed the target of Defend ID who wants to be Top 50 Global Defence Company.

"Defend ID's strategic initiative to realize the Top 50 Global Defence Company has 6 strategies that will be implemented to improve capabilities," Bobby explained in the RDP on January 25, 2023.

The six strategies include business development, mastery of technology, financial improvement, human capital excellence, operation excellence, and information technology.

Defend ID Kantongi Pendapatan Rp19,7 Triliun di Tahun 2022

Holding Industri Pertahanan Defend ID menyampaikan realisasi pendapatan pada tahun 2022 kepada Komisi VI DPR saat Rapat Dengar Pendapat (RDP). Direktur Holding Defend ID sekaligus Direktur Utama Len Industri Bobby Rasyidin menjelaskan porsi pendapatan dari lini produk pertahanan lebih besar bila...

www.theiconomics.com

 

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Defend ID leaders meeting 2023

 

[Indos]

PT LEN Industri (Civilian Product)

Dec 8, 2020

The Manggarai Operations Control Center or OCC (Operation Control Center) is a centralized operation system in the form of CTS (Centralized Traffic Supervised) which functions to monitor all train movements and the conformity of train schedules between planning and actual throughout Operation Area (Daop) 1 Jakarta.

OCC Manggarai is the largest and most sophisticated in Southeast Asia. The system has a high level of complexity that brings together various different brands of interlocking products currently in Jakarta, such as VPI, iVPI, SSI, K5B Kyosan, SIL02, SilSafe4000, into 1 display on a supervision screen. This is one of the advantages that Len Industri has because it is able to "check" various product vendors from abroad, as well as being able to produce its own signaling products.

Not all signaling vendors can carry out this very heavy integration. Various brands and types of interlocking operating in the Daop 1 area of Jakarta must now appear and be integrated in one display at OCC Manggarai. Only Len Industri or LRS (subsidiary) engineers and products, namely SilVue, can perform this integration.

The six (6) OCC units that are being and have been built by Len Industri across the Java mainline include Daop 1 Jakarta (Manggarai), Daop 4 Semarang, Daop 5 Purwokerto, Daop 8 Surabaya, Daop 6 Yogyakarta (construction process), and Daop 7 Madiun (final settlement process). While the other two (2) units to be the next targets are Daop 2 Bandung and Daop 3 Cirebon. While Daop 9 Jember currently installed signaling is still mechanical so the construction of OCC CTS is not a priority.