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Navy earns nearly $600,000 in foreign exchange from merchant vessel security services

Navy earns nearly $600,000 in foreign exchange from merchant vessel security services

12 Feb 2026 | BY Staff Writer

The Navy has generated approximately $598,250 in foreign exchange over four months by providing security services to international merchant vessels, officials announced. 


Rear Admiral Harsha de Silva, Director General of Naval Operations, highlighted that the revenue was accrued from 3 October, 2025, when the programme commenced through agreements with foreign private maritime security companies. 


The initiative involves the Navy offering logistical and operational support to security teams deployed on commercial vessels, thereby creating a new stream of foreign currency income.


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