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    ₱3 B released for Navy's offshore patrol vessel project

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    Date
    June 18, 2022
    Author
    Philippine News Agency (PNA)
    Metadata
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    Classification code
    MB20220618_1
    Excerpt
    The Department of Budget and Management (DBM) released the initial funding for the Philippine Navy’s (PN)’s acquisition of six offshore patrol vessels (OPVs) worth ₱3 billion. The Special Allotment Release Order (SARO)-BMD-D-22-0004970 was released to the Department of the National Defense (DND) on Thursday, June 16, to “cover the funding requirement for the Offshore Patrol Vessel Acquisition of the Philippine Navy under the Revised Armed Forces of the Philippines Modernization Program.” Earlier, Defense Secretary Delfin Lorenzana said South Korean shipbuilder, Hyundai Heavy Industries (HHI), was selected by the PN’s technical working group (TWG) for its OPV project.
    Citation
    ₱3 B released for Navy's offshore patrol vessel project. (2022, June 18). Manila Bulletin, pp. 1, 5.
    URI
    http://hdl.handle.net/20.500.12174/12905
    Corporate Names
    Department of Budget and Management (DBM) Philippine Navy (PN) Department of National Defense (DND) Hyundai Heavy Industries (HHI) Austal
    Personal Names
    Lorenzana, Delfin
    Geographic Names
    Han'guk France Sverige Nihon Türkiye Bhārat
    Subject
    budgets ships defence craft
    Collections
    • Manila Bulletin [2459]

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