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

EU Proposes Travel Ban, Fast-Track Lanes to Beat Back Virus | Business News

scceu

South Africa moves forward with 2 GW tech-neutral procurement – pv magazine International

scceu

Alternative Construction Procurement For Your Disaster Prep Kit

scceu