Military Seeks Almost US$1 Billion For Modernization

January 27 2011

Philippines

The Philippine military says it will need at least US$934 million over the next five years for modernization and security programs, reports the Philippine Star.

During a legislative hearing, a military spokesman said about US$261 million would be allocated to the army; US$322 million for the air force; and US$324 million for the navy. The remaining US$36 million is need for the general headquarters and support units.

The proposed modernization would also include equipping 12...

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