Philippine to continue military modernization by acquiring more assets

Philippine President Benigno S. Aquino III pledged Friday to continue the modernization of the Armed Forces of the Philippines (AFP) by acquiring more military ships and helicopters. Aquino said the above words when he inspected three newly- acquired AgustaWestland 109 Power Helicopters which was bought by the Philippine Navy at the cost of 1.33 billion pesos (about 29.95 million U.S. dollars). "In time of challenges, there is huge expectation from our soldiers. This is the reason why the state should provide you with sufficient capability to face your responsibility," he said, adding that the government would continue to implement the modernization program of the AFP. Aquino said that two more of these aircraft are expected to be delivered in 2014 for a contract price of 850.91 million pesos (19. 16 million dollars). President Aquino disclosed that his administration was also planning to buy two more C-130 aircraft in addition to the current three units, adding that more maritime vessels will be acquired aside from the existing BRP Gregorio del Pilar and BRP Ramon Alcaraz. Last year, Aquino approved a law providing 75-billion pesos (1. 69 billion U.S. dollars) for the AFP modernization in a period of five years.