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Govt infra spending surges 38.1% to P702B in 10 months - Vimarsana News

Govt infra spending surges 38.1% to P702B in 10 months

STATE infrastructure spending surged by 38.1 percent from January to October compared to the same period last year. Data released on Thursday by the Department of Budget and Management (DBM) showed government infrastructure spending for the 10-month period grew to P702.4 billion this year from P508.5 billion in 2020. The…

Philippine Navy receives funding to buy two corvettes - Vimarsana News

Philippine Navy receives funding to buy two corvettes

The Philippines Department of Budget and Management (DBM) has approved funding for the acquisition of two corvettes under the navy's Corvette Acquisition Program (CAP).

Corvette program assured with DBM SARO release - Vimarsana News

Corvette program assured with DBM SARO release

National Defense Secretary Delfin Lorenzana (File photo) MANILA - Department of National Defense (DND) Secretary Delfin Lorenzana on Tuesday expressed his delight after the Department of Budget and Management (DBM) released the Special Allotment Release Order (SARO) for the 15 percent advance payment for the Philippine Navy (PN)'s Corvette Acquisition Program (CAP). "We have been waiting for this for the procurement process to proceed," he said when asked by the Philippine News Agency for a reaction after the DBM released the SARO to the DND last Dec. 10. The SARO worth PHP3.75 b...

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South KoreaSouth KoreanArmed Forces Of The Philippines Modernization ProgramHyundai Heavy IndustriesPhilippine Navy Pn Corvette Acquisition ProgramDepartment Of National DefenseDepartment Of BudgetPhilippine News AgencyNational DefenseSecretary Delfin LorenzanaSpecial Allotment Release OrderPhilippine NavyCorvette Acquisition ProgramRevised Armed ForcesPhilippines Modernization ProgramJose Rizal ClassNational Defense Secretary Delfin Lorenzana File Photo Manila Department Of Dnd On Tuesday Expressed His Delight After The Budget And Management Dbm Released Special Allotment Release Order Saro For 15 Percent Advance Payment Philippine Navy Pn 39s Corvette Acquisition Program Cap Quot We Have Been Waiting This Procurement Process To ProceedUot He Said When Asked By The Philippine News Agency Fora Reaction After Dbm Released Saro To Dnd Last Dec 10 Worth Php3 75 Billion Is Intended Quot Cover Funding Requirements For 15 Percent Advance Payment Cap Of Pn Under Revised Armed Forces Philippines Modernization Program Lorenzana Also There Are Still Several Steps Be Done Before Contract Signed Our Target Year EndsUot He Added With This DevelopmentOrenzana Said The Dnd Can Go On With Finalization Of Cap Contract Budget ForHich Consists Of Two Modern Corvettes Capable Anti ShipAnti SubmarineNd Anti Air Warfare MissionsS Placed At Around Php28 Billion It Will Also Be Equipped Witha Variety Of Sensors To Allow Conduct Such Missions The Acquisition These Two Missile Armed Corvettes Was Done Backstop Brand New Frigates Acquired From South Korean Shipbuilder Hyundai Heavy Industries Hhi Quot They Are Smaller Than Jose Rizal Class But SufficientlyUot Lorenzana Said When Asked Fora Description Of The Ships Two Jose Rizal Class Frigates Measure 107 Meters And Weighs Around 2
10 Blackhawk choppers maybe delivered this year, says Lorenzana - Vimarsana News

10 Blackhawk choppers maybe delivered this year, says Lorenzana

Defense Secretary Delfin Lorenzana (Photo courtesy of SND Delfin Lorenzana Facebook page) “Their large capacity and impressive horsepower allows for a faster and long-range transport. Looking forward to the delivery of the remaining 10 Blackhwaks this year,” Lorenzana said in a social media post on Sunday, May 23. He noted that the acquisition of the Blackhawk helicopters have greatly boosted the operational readiness of the PAF both in combat and non-combat missions. In November 2020, the PAF received the first batch of six Blackhawks from Polish company Polskie Zaklady Lotnicze Sp.z.o.o...

Source: mb.com.ph
New Blackhawk choppers boost PAF's operational readiness –DND - Vimarsana News

New Blackhawk choppers boost PAF's operational readiness –DND

New Blackhawk choppers boost PAF's operational readiness –DND Published May 23, 2021 12:44am Defense Secretary Delfin Lorenzana said on Saturday that the recent acquisition of S-70is Blackhawk utility medium-lift helicopters had greatly boosted the operational readiness of the Philippine Air Force in both combat and non-combat missions. "Their larger capacity and impressive horsepower allows for a faster and long-range transport," Lorenzana said in a Facebook post. "Looking forward to the delivery of the remaining 10 Blackhawks this year." According to the Philippine News Agency, th...