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Department of National Defense (DND) Secretary Delfin Lorenzana announced Wednesday, March 9, that there will be no impact on the country’s national security if the reported takeover of an abandoned shipyard in Subic Bay, Zambales by a United States private equity firm will push through.
The Philippines is the only Southeast Asian stop of Indian External Affairs Minister Subrahmanyam Jaishankar after his participation in the Quadrilateral Security Dialogue ....
Defense Secretary Delfin Lorenzana (File photo) MANILA - The delivery of the Indian-made medium-range ramjet supersonic Brahmos cruise missiles for the Philippine Navy (PN)'s Shore-Based Anti-Ship Missile System Acquisition Project is expected to start within a year's time. "First delivery is estimated in one year," Department of National Defense (DND) Secretary Delfin Lorenzana said in a message to the Philippines News Agency over the weekend, when asked for updates on the weapons' acquisition. Lorenzana said the DND is expected to release and sign the contract with Brahmos Aerospace Private Ltd. in January. "The contract is being finalized. We hope to sign it this month," he added. The Brahmos project is worth USD374,962,800 (around PHP19 billion). On December 31, Lorenzana signed the Notice of Award for the Navy Brahmos' acquisition project and is a government-to-government deal signed with India. "It includes the delivery of three batteries, ....