Singapore to replace two-decade old fleet

It will buy Airbus and Boeing helicopters.

Singapore has agreed to buy new military helicopters from Airbus (AIR.PA) and Boeing Co (BA.N) to replace its aging fleet of Super Pumas and Chinooks, the city-state's defense ministry said on Monday.

Singapore has the largest defense budget in Southeast Asia at a time when China's increasingly assertive actions in the disputed South China Sea spur regional nations to step up defense spending.

The defense ministry would buy H225M medium-lift helicopters from Airbus and CH-47F heavy-lift helicopters from Boeing, it said. Its current fleet is more than 20 years old.

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