Monday, January 1, 2018

BCDA raised record high P5B for AFP in 1st year of Duterte administration

From the Business Mirror (Jan 1): BCDA raised record high P5B for AFP in 1st year of Duterte administration

The state-owned Bases Conversion and Development Authority (BCDA) remitted close to P5 billion to the Bureau of the Treasury in the first year of the Duterte administration—the highest amount generated by the BCDA for the Armed Forces of the Philippines (AFP) in its 25-year history.

In line with the BCDA’s mandate to strengthen the military while building great cities, the state-owned corporation has raised a total of P36.6 billion for the AFP.
Recently, Department of National Defense (DND) Public Affairs Office chief Arsenio Andolong announced that the Philippines would acquire six Super Tucano A-29 planes worth over P4.9 billion.

He added these will augment or even replace the existing Rockwell OV-10 “Bronco” attack planes being used by the Philippine Air Force (PAF) in close air-support missions. Deliveries of the A-29s are expected to commence in 2019. These will be turned over and operated by the PAF’s 15th Strike Wing based in Sangley Point, Cavite City.

Aside from this, Andolong said the PAF will soon receive AIM-9 “Sidewinder” air-to-air missiles, which will be used to augment the combat capabilities of the existing 12 South Korean-made FA-50PH “Fighting Eagle” jets.

With these, missiles air-to-air combat capabilities of the FA50PH are boosted, making it more capable of protecting the country’s airspace against airborne threats.

These FA50 fighter jets and the Super Tucanos were among the aircraft used in combat during the five-month battle to liberate Marawi City from the Maute terrorist group.

The BCDA, under the Duterte administration, has committed to continuously raise more for the modernization of the AFP, as well as provide for the welfare of soldiers.
The BCDA has also committed to assist the departments of Finance and Budget and Management in raising the necessary funds for the retirement benefits of men and women in uniform.

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