Philippines announces plan to spend USD2 billion on procurement

Philippine President Benigno Aquino has outlined an intention to spend PHP91 billion (USD2 billion) on defence procurement before 2017.
At an event on 17 November to mark the 75th anniversary of the Philippines’ Department of National Defense (DND) Aquino reaffirmed a commitment to modernise the …read more

Source:: Janes (Air)

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