MANILA, – Acquisition of much-needed military equipment and platforms has been given the green light with the signing by President Benigno S. Aquino III of the revised Armed Forces of the Philippines (AFP) Modernization Program last July.
This was disclosed by Department of National Defense (DND) Undersecretary for Finance, Modernization, Installation and Munitions Fernando Manalo during the presentation of the DND’s proposed 2016 budget before the House of Representatives Appropriations Committee on Tuesday.
Around 30 procurement projects, including the missile-firing frigate, long-range surveillance radars and close-air support aircraft program, will now move to their next respective bidding phase, Manalo said.
He noted that these projects “were held in abeyance” last May pending the signing of the new AFP Modernization Law.
The DND is seeking a PhP158.8-billion budget for 2016, broken down into PhP63.5-billion for territorial defense, security and stability; PhP1.5-billion for humanitarian assistance and disaster relief; PhP667-million for international engagements and peace support missions; and PhP93.1-billion for force level support and training.
The latter amount is also inclusive of pensions. (PNA)
Featured image “ROK Korean Incheon Class Frigate” for presentation purposes only.