The Philippines security minister said the country has reached an agreement to purchase an anti-ship missile system from India for $375 million to strengthen its navy.
as reported by Reuters, The Philippines is entering the final stages of a project to modernize its obsolete military equipment, including warships from WWII and a series of helicopters used by the United States (US) in the Vietnam War. The five-year rejuvenation project cost about 300 billion pesos, or Rp 83.67 trillion.
Under an agreement with the Government of India, Brahmos Aerospace Private Ltd will deliver three batteries; a number of train operators and maintenance workers; and provide logistical support. Philippine Defense Minister Delfin Lorenzana outlined the agreement in a Facebook post Friday 14/1.
The plan was drawn up in 2017 but was delayed due to budget allocations and the coronavirus pandemic.
The new anti-ship system is aimed at preventing foreign ships from entering the country’s 200 nautical-mile Exclusive Economic Zone. [ft]