03 October 2012

News Story: Philippine Congress approves ambitious defence procurement budget

KAI T/A-50

By Michael Cohen

The Armed Forces of the Philippines' modernisation programme budget for 2013 approved by both houses of the Philippine Congress on 22 September includes funding for a wide-ranging list of items, including 50 new aircraft.

Philippine President Benigno Aquino described the procurement plan as "the largest and most comprehensive upgrade programme [in the history of] the AFP and a needed one for its largely mid-20th century Korean and Vietnam War-era systems".

Read the full story at IHS Jane's