Agree, competition is good for business. But its not that easy building Military Industry when there is not even any "real" competition in shipyard industry per say. I personally not agree with some BUMN taking most of the APBN but if we looking at the condition of private one they simply not big enough to absorb the project in most cases. Not to mention how we manage our own bumn.... too many political strings attached
And there are some decissions they made in the name of technological advancement that can sometime went too far.
When others were happy seeing PT.PAL doing nuke reactor in the name of diversification I personally questioned if they already do business study for it. Do they have enough "modal kerja" to finance it or they going to ask from APBN? When this reactor is done, are there going to be any follow up order? Why arent they just specialize in building Warship and put most of their resources in it? Where those submarine manufacturing equipment worth trillions rupiahs going to be used for in a future? There are the question that going thru my mind. Keep in mind that from what I know whats dragging PT.PAL before was anak perusahaannya yg merugi. Now they doing it again? idk...
PAL, DI, Pindad, those 3 companies if we look back 5 years ago arent even healthy financial wise afaik. So hoping them to do R&D is wishful thinking. The relatively small military budget and contract inconsistency play a negative role to the already niche military industry here. But in the last 5 years they have made good profit and generate cash flow, hopefully for the next decade they can start doing their own R&D. But becarefull about denationalize it, there is a political price you have to pay. Things like "antek asing, bumn dijual tanda tidak nasionalis, dll".
https://ekonomi.bisnis.com/read/201...hitungan-jika-pertamina-pln-melantai-di-bursa
https://www.liputan6.com/bisnis/read/2140552/harga-mati-pertamina-dilarang-go-public
So when the BUMN rugi people will blame them, when they try to generate more money they are not nasionalis. See the dilemma? Anyway I have good article for you, tho its from 2011 but it could give you better perspective on the condition of our BUMN or BUMIS and why its hard to denationalize them, enjoy.
https://kickdahlan.files.wordpress.com/2013/11/100-harapan-baru-demi-indonesia.pdf