ds 468x60px

Monday, August 11, 2014

Philippines to Spend P2.5 Billion for the Ammunition

MANILA, Philippines – Philippines defense department will acquire two frigates and will spend additional P2.5 billion for its ammunition.

In an interview with The Star, Defense Assistant Secretary Patrick Velez said that Philippines security officials decided to separately buy the ammunition from the frigate acquisition project,  mentioning international arms restriction.

He said that there will be two projects as the two projects at a time cannot be combined because the ammunition alone requires about P2.5 billion funds. He also added that they could not award the project to the manufacturers who do not provide missiles.


The  frigate acquisition project had an approved budget of P18 billion, while the ship’s armaments had P2.5 billion. This calculation was made before the project was divided into two. After it was divided into two lots, the budget for the two ships only cost P15.5 billion. The frigate acquisition project is one of the biggest  project of the Armed Forces Modernization Program.

The  defense department might reflect to the discussed procurement for the ammunition ensuring that the armaments are well-matched with the ships to be acquired.

A total of six companies around the world are qualified to submit bids for this project and those companies are Navantia Sepi (RTR Ventures) of Spain,. and Hyundai Heavy Industries, Inc.; Indian firm Garden Reach Shipbuilders & Engineers Ltd. South Korean firms STX Offshore & Shipbuilding, French company STX France SA and Daewoo Shipbuilding & Marine Engineering Co. Ltd.

The ships will be used to increase the Philippines’ security presence in the West Philippine Sea and respond to calamities.