Myers Industries Announces Third Consecutive Quarter of Record Results
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PBBM order to secure PH territory trickles down to defense sector
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#PBBMSONA2022 MANILA - Like previous commanders-in-chief before him, President Ferdinand "Bongbong" R. Marcos Jr. vowed to "defend every square inch of the country's territory". In this regard, the Department of National Defense (DND) has a vital role in protecting the country's territories and upholding its sovereignty. While going to war is not an option, the Philippines has made significant gains in terms of upgrading its territorial defense capability through the acquisition of military assets and escalation of maritime patrols to combat the threat of terrorism and prevent incursions that may ignite tensions. The Marcos administration is expected to take over the Revised Armed Forces of the Philippines (AFP) Modernization Program, which is now about to enter its Third Horizon from 2023 to 2028. The AFP Modernization Program's Horizon Two is scheduled for 2018 to 2022 while Horizon One covered the years 2013 to 2017 and resulted in the acquisition of