SRT Marine Systems Initiates €167 Million Maritime Security Program with Indonesian Coast Guard

PUBLISHED: 27 May 2025 @ 18:14 | Comments (0) | More info about Fiona Craig

SRT Marine Systems (LSE:SRT) has officially launched a landmark €167 million initiative with the Indonesian Coast Guard to develop and deploy a National Maritime Security System (NMSS). Designed to run over a two-year implementation period followed by eight years of ongoing support, the project will deliver a state-of-the-art maritime surveillance and intelligence infrastructure across Indonesia’s vast territorial waters.

The NMSS will feature integrated command centers, coastal surveillance towers, unmanned aerial systems (drones), and patrol vessels—working together to provide real-time monitoring and AI-powered analytics. This strategic initiative not only enhances Indonesia’s maritime domain awareness but also positions SRT as a critical partner in addressing complex maritime security challenges through scalable and future-ready technologies.

Financial Landscape and Market Outlook

Despite facing financial pressures, including revenue declines, negative cash flow, and elevated debt levels, SRT’s long-term prospects are buoyed by recent high-value contract wins such as this Indonesian partnership. While valuation remains difficult to assess due to limited profitability indicators, technical signals suggest a neutral trend with the potential for positive momentum if operational milestones are met.

About SRT Marine Systems PLC

SRT Marine Systems is a UK-based company specializing in maritime surveillance and domain awareness solutions. Its products and systems are widely used by government agencies—including coast guards, fisheries authorities, and port operators—as well as by commercial and recreational vessel operators. The company focuses on providing advanced solutions for coastal monitoring, EEZ (Exclusive Economic Zone) surveillance, vessel tracking, and fisheries compliance.

Average Daily Trading Volume: 270,263
Technical Sentiment: Buy
Market Capitalization: £147.5 million

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