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The leadership of the House of Representatives said on Tuesday that it supports increased budgetary spending for the defense sector under the proposed P5.768 trillion 2024 national budget to strengthen the country’s capacity to safeguard its territorial integrity amid China’s increasingly intrusive actions in Philippine territory. Speaker Ferdinand Martin G.…
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Two of the nine Fast Attack Interdiction Craft-Missile (FAIC-M) platforms just arrived from Israel. They will become Acero-class gunboats in May.
The government increased its infrastructure spending last year, hitting P1 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, the Department of Budget and Management said.
PHL expects delivery soon of medium-range ramjet supersonic cruise missile systems for coastal defense