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HomeUncategorizedPhilippines sets aside ₱2.8 billion for the purchase of India's BrahMos supersonic...

Philippines sets aside ₱2.8 billion for the purchase of India’s BrahMos supersonic cruise missile system

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The Philippines’ budget department has approved nearly $5 billion in funding for the military’s planned purchase of shore-based anti-ship missile systems and combat utility helicopters.

The Department of Budget Management (DBM) issued two special allotment release orders (SARO) worth 1.3 billion and 1.535 billion for the Philippine Navy’s shore-based anti-ship missile system on Dec. 27.

The SARO paves the way for the contract to be finalized by the Department of Defense. A senior security official told Inquirer.net that the missile system’s notice of award (NOA), which is a written confirmation of a contract being awarded to a successful project proponent, is currently “in process.”

Under a government-to-government agreement, the Philippines was expected to buy India’s BrahMos supersonic cruise missiles.

Early this year, the Philippines and India signed a “implementing agreement” for the possible purchase of the BrahMos missile and other Indian defense equipment.

The missile system, which can be used for coastal defense and ground attack, would strengthen Philippine military firepower in the face of maritime threats, primarily from Chinese aggression in the South China Sea.

The DBM also issued a SARO worth 1.6 billion on December 27 to cover the initial funding for combat utility helicopters for the Philippine Air Force.

The DBM has approved funding for an additional 32 Black Hawk combat utility helicopters worth P32 billion and six offshore patrol vessels for the Philippine Navy worth P30 billion, according to Defense Secretary Delfin Lorenzana.

Lorenzana signed a $28 billion contract with Heavy Hyundai Industries of South Korea for two corvettes for the Philippine Navy on Tuesday (Dec. 28).

REFERENCE/S:
Philippines allots ₱2.8 billion ($54.8 million) to acquire India’s BrahMos supersonic cruise missile system|theigmp

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