Indonesia Almost Sold Its Defense Firms to Foreign Parties: Prabowo

Indonesian President Prabowo Subianto claims he intervened to prevent the sale of state-owned defense firms like Pindad and PT PAL to foreign entities. He emphasized that these companies are now recovering and securing international contracts, including a deal with Saudi Arabia.
July 10, 2026 | 8:01 pm SHARE URL berhasil di salin. President Prabowo Subianto gestures as he greets his Belarusian counterpart Alexandr Lukashenko at the Merdeka Palace in Jakarta on July 2, 2026. (Antara Photo/Bayu Pratama S) Jakarta. President Prabowo Subianto has claimed to have stopped Indonesia from handing over its defense firms to unnamed "foreign parties".
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