Philippines has set aside 44 billion pesos ($932.74 million) for military equipment purchase to help boost military power in the South China Sea.
Various media reported Saturday that Defence Undersecretary Fernando Manalo made the announcement after the country's air force received the first two of a dozen new South Korean-made light fighter jets. Manalo announced that President Benigno Aquino had approved of the military purchase funds.
The funds would go to purchase two frigates, eight amphibious assault vehicles, three anti-submarine helicopters, two long-range patrol aircraft, three aerial radars, munitions for the fighters and close support planes, Manalo told local and international media.
In addition to new acquisitions, the Philippines armed forces have received or in the process of receiving both new and old equipment either donated or partly funded by countries such as the US, Australia or Canada.
In August 2015, the Philippine military has gotten a boost with the delivery of two transport ships donated by Australia and a fleet of combat utility helicopters acquired with help from the US and Canada. The country's navy is looking for fast patrol boats, corvettes and naval aviation assets.
The military received eight Bell-214EP helicopters that are powered by Canadian-made Pratt and Whitney engines for combat operations, transport and relief efforts.
The Philippine Air Force also received two AgustaWestland AW-109E attack helicopters, according to the August report by Manila Bulletin newspaper.
The Armed Forces of the Philippines (AFP) claims to have saved more than P765 million (US $16 million) in defense procurement in 2015, double the savings recorded last year. In a statement, AFP Procurement Service chief Brig
Philippines has allocated 83.9 billion pesos ($1
Philippines House of Representatives has scrapped a P10 billion (US $580 million) proposed allocation for procurement of more fighter planes for the nations air force (PAF). “The house conferees did not accept their senate counterparts recommendation as it would have taken P8 billion (US $464 million) from funds allocated for conditional cash transfers (CCT) to poor families,” Davao City Rep
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