Sunday, April 5, 2015

DND indefinitely suspends purchase of Navy vessels

From ABS-CBN (Apr 5): DND indefinitely suspends purchase of Navy vessels

The Department of Defense (DND) is indefinitely suspending the procurement of three additional vessels for the Navy, worth P270 million, in the absence of a revised AFP Modernization Program.

“The procurement process relative to this project shall resume once the revised AFP Modernization Program is approved and funds for the purpose are released by the Department of Budget and Management,” DND Special Bids and Awards Committee vice chairman Patrick Velez said in a supplemental bid bulletin.

The deadline for the submission and opening of bids was scheduled for Monday. The vessels that the Defense department seeks to acquire are those capable of rough sea conditions sans system degradation.

The vessels will also “be fitted with provisions for installation of advanced weapon systems”, specifically remote weapons system as well as missile launch system which will be acquired through another project.”

The revised AFP Modernization Program, which calls for a P75 billion funding, was passed in Congress in 2012.

Aquino has yet to approve the release of the funds.

Despite this, Aquino has already given the go signal to several modernization projects, such as the acquisition of 12 FA-50 fighter jets from the Korean Aerospace Industries for P18.9 billion and procurement of two frigates for P18 billion.
http://www.abs-cbnnews.com/nation/04/05/15/dnd-indefinitely-suspends-purchase-navy-vessels

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