Supply Chain Council of European Union | Scceu.org
Procurement

PH suspends missile procurement due to lack funds

The government is putting on hold plans to purchase the country’s first cruise missile system from an Indian-Russian joint venture.

This was supposed to be part of the military’s long-term modernization program to boost the country’s defense capabilities.

the reason?

Depleted funds due to the Covid-19 pandemic.

Our senior correspondent David Santos has more.

Related posts

After coronavirus, there has to be an examination of the procurement system

scceu

Greece Sends Medical, Humanitarian Aid To Beirut

scceu

Chewy is eating up the competition during the COVID-19 crisis

scceu